Thursday, 16 September 2021

 

 

NEWS FLASH Union MSME Minister, Narayan Tatu Rane lays foundation stone for development park at Bari Brahmana, Samba Union Minister for Tribal Affairs visits Bandipora, inaugurates several projects Union MoS, Som Parkash interacts with representatives of Trade bodies Union AYUSH Minister Sarbananda Sonowa visits Baramulla Union MoS, Som Parkash reviews functioning of I&C Deptt. Union Minister of State for Communication visits Indian International Trade Saffron Spice Park at Pampore Deputations, individuals call on Advisor Baseer Khan at Civil Secretariat Advisor Baseer Ahmad Khan reviews progress on replacement of Barbed wire, poles Union Minister Arjun Ram Meghwal flags off cycle rally by riding himself at Udhampur Lt Governor attends Passing out Parade of 669 cadets of J&K Fire and Emergency Services Union MOS for Petroleum, Natural Gas and Labour & Employment, Rameswar Teli visits Doda DC Srinagar, Mohammad Aijaz Asad visits Shrine of Hazrat Sheikh Hamza Makhdoom(RA) District-Level Environment Committee reviews implementation of Conservation Plan DDC Chairperson Ramban, Dr. Shamshad Shan reviews progress on District Capex Plan, 2021-22, Area Development Funds DC Srinagar, Mohammad Aijaz Asad holds interaction with Tourism Associations Divisional Commissioner, Pandurang Kondbara Pole chairs SSCL meeting for Development of Srinagar Riverfront Phase-I Workshop on formulation of rules, regulations regarding implementation of RTE Act 2009 concludes Fish units approved in favour of 19 beneficiaries at Kupwara ‘Rashtriya Poshan Mah’ programme organised at Kulgam DC Kupwara, Imam Din inspects ongoing construction of GDC Vilgam Chairman DDC Anantnag, M Yousuf Gorsi lays foundation for Amad-Aishmuqam road

 

Yasha Mudgal chairs Board meeting of Jammu Central Co-op Bank Ltd

Sanctions Rs 100 cr loan for JKIDFC

JK Admin, Kashmir, Jammu And Kashmir, Jammu & Kashmir, Srinagar, Jammu, Yasha Mudgal, Nishi Kant Sharma

Web Admin

Web Admin

5 Dariya News

Srinagar , 24 Jul 2021

Secretary, Cooperatives Department, Yasha Mudgal, today chaired board meeting of Jammu Central Cooperatives Bank Limited here at Civil Secretariat.Deputy Commissioner, Jammu, Anshul Garg; Managing Director, Jammu Central Cooperative Bank, Nishi Kant Sharma; Director, Accounts and Treasuries Jammu, Neeraj Gupta Bakshi; Director, Agriculture Jammu, Dr K K Sharma; Advocate, Seema Khajuria Shekhar and Former President, J&K Bank Limited, S K Bhat attended the meeting as members of the Board via video conferencing.Nishi Kant apprised the meeting about present status of physical and financial achievements of the bank. He highlighted various issues pertaining to disbursement of loans of agriculture, horticulture and cooperative sectors.On the occasion, board members gave their valuable suggestions regarding further improvement in working of the bank. 

They also agreed with the Chairman for sanctioning of Rs 100 crore loan to JKIDFC Limited considering it a good business opportunity backed by irrevocable and unconditional guarantee by the government of Jammu and Kashmir.The board unanimously decided that  bank should sanction and release the said term loan in favour of JKIDFC subject to compliances of observations raised by the Directors during the deliberations.Secretary directed the MD to follow guidelines of RBI, and NABARD. "With sanctioning of the said term loan of Rs. 100 crore, the CD ratio of the bank will improve substantially and NPA ratio will come down. This will also lead to an increase in the interest income of the bank with good returns. The bank will be immensely benefitted with this regular income which will result in its operating income going up and losses getting reduced", she maintained.

 

Tags: JK Admin , Kashmir , Jammu And Kashmir , Jammu & Kashmir , Srinagar , Jammu , Yasha Mudgal , Nishi Kant Sharma

 

 

related news

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
Copyright 2011-2021 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD