Jammu & Kashmir Bank’s (J&K Bank) board is going to meet on June 4 to consider the J-K government's Rs 500 crore capital infusion plan. A meeting of the board of directors will be held on June 4 to consider and discuss the proposal of capital infusion in the bank by the government of Jammu & Kashmir as its promoter shareholder to the extent of Rs 500 crore.
Jammu & Kashmir Bank is engaged in the banking business. The company offers a range of products and services, such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.