Tag: #FinancialInclusion

J&K Bank’s Big Lending Shift: Why 30.9% Growth Outside J&K Is Raising Questions at Home

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J&K Bank's Big Lending Shift: Why 30.9% Growth Outside J&K Is Raising Questions at Home

J&K Bank Lending Row: 30.9% Growth Outside J&K vs 9.3% in UT Raises Questions Over Local Credit By: News Desk | 06 September 2026 As J&K Bank posts record ₹2,363 crore profit, the sharp difference in credit growth between its home market and operations outside the Union Territory has triggered a wider debate over profitability, local development and the bank’s historic role in Jammu & Kashmir Srinagar: The numbers tell a story that is difficult to ignore. Jammu & Kashmir Bank ended the financial year 2025-26 with its highest-ever annual…

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KPDCL Advocating New Revenue Collection Policy Linking Salary Disbursement to Cleared Electricity Dues

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KPDCL Advocating New Revenue Collection Policy Linking Salary Disbursement to Cleared Electricity Dues

Kashmir Power Development Corporation Limited (KPDCL) has asked all Deputy Commissioners (DCs) in Kashmir to make the clearing of electricity dues mandatory before releasing salaries or payments to employees and contractors. The power distribution utility has asked DCs to issue orders stating that funds for salaries or contractor payments could only be released after electricity dues have been settled. In a missive to DCs across Kashmir, the Managing Director of KPDCL outlined the rationale behind the directive to make clearance of dues mandatory before salary and payment releases. According to it,…

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