Rising KashmirRising KashmirRising Kashmir
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Anchor
  • Breaking
  • Business
  • City
  • Developing Story
  • Editorial
  • Education
  • Features
  • Health
  • Interview
  • Jammu
  • Jammu and Kashmir News
  • Kashmir
  • Kashmir Tourism
  • Kath Bath
  • National
  • Opinion
  • Politics
  • Sports
  • Technology
  • Top Stories
  • Trending
  • Uncategorized
  • Video
  • Viewpoint
  • World
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: J&K Bank presents dividend cheques to Lt Governor Manoj Sinha
Share
Notification Show More
Font ResizerAa
Rising KashmirRising Kashmir
Font ResizerAa
  • Home
  • Top Stories
  • News
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Follow US
© 2024. All Rights Reserved.
Rising Kashmir > Blog > Breaking > J&K Bank presents dividend cheques to Lt Governor Manoj Sinha
Breaking

J&K Bank presents dividend cheques to Lt Governor Manoj Sinha

RK Online Desk
Last updated: September 15, 2023 8:57 pm
RK Online Desk
Published: September 15, 2023
Share
3 Min Read
SHARE

Initiating the payment of dividend to share-holders of J&K Bank after seven years, MD & CEO Baldev Sh Prakash today presented two cheques worth Rs 28.57 Cr and Rs 1.84 Cr to J&K Government, its promoter and major share-holder.

MD & CEO handed over the dividend cheques for the FY 2022-23 to Lieutenant Governor Shri Manoj Sinha in presence of Chief Secretary, Dr Arun Kumar Mehta; Principal Secretary Finance, Santosh D Vaidya; Principal Secretary to Lt Governor, Dr M K Bhandari and Bank’s General Manager Government Business, Syed Rais Maqbool.

Pertinently, the Bank approved 50% dividend for the financial year 2022-23 at its 85th AGM.

While lauding J&K Bank for its recent performance on the occasion, the Lt Governor Shri Manoj Sinha also appreciated the Bank for its major contribution in the financial empowerment of people besides the critical role in the economic development of Jammu and Kashmir. He further said, “J&K Bank has performed well during the last financial year, and we expect it to continue its growth while extending the best banking services and empowering people financially in the future.”

Chief Secretary, Dr Arun Kumar Mehta commended the Bank for its role towards saturation of self-employment in J&K. Expressing pleasure over the sustained surge in Bank’s share price, he said, “With most of its financial parameters improving during the last many quarters, it is quite a comforting sign for investors to see the Bank’s shares trading above Rs 100.”

Earlier, MD & CEO Baldev Prakash thanked the UT Government led by Lt Governor Manoj Sinha for support, guidance and gave a brief overview of the Bank’s performance and future plans. “Backed by the continued support and guidance of the UT Government, we are mostly on trajectory to achieve our annual targets. We remain committed to provide best banking services to the people while working diligently towards realizing the UT Government’s mission of Inclusive, equitable and sustainable economic growth in J&K”, he said.

Meanwhile, continuing its bullish trend the Bank’s share-price today closed at Rs 104.60, thereby earning 214% in returns for its investors during the last one year.

Sajad Lone Demands Clarification from NC on Article 370 Issue
DC/Chairman DDMA Srinagar reviews District Disaster Management Plan
DC Budgam lays foundation stone for Children’s Park & Public Park at Pandit Colony, Sheikhpora
Wildlife Protection Department Launches Raids Against Alleged Poachers in Srinagar
Liz Truss resigns as UK Prime Minister

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article Govt relieves Sheema Qasba for induction as Assistant Director IB
Next Article Custodian General inspects Evacuee properties in Kashmir
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

1MFollowersLike
262kFollowersFollow
InstagramFollow
234kSubscribersSubscribe
Google NewsFollow

Latest News

“Excellent discussions”: All-Party delegation wraps up Saudi visit with focus on terrorism and strategic ties
Breaking National
May 30, 2025
Counter Intelligence wing of J-K Police conduct raids across Kashmir valley in terror link case
Breaking Kashmir
May 30, 2025
India’s Purple Revolution to take centre stage at Bhaderwah festival
Jammu
May 30, 2025
Minister Javaid Dar launches ‘Viksit Krishi Sankalp Abhiyan’ at SKUAST-K
Kashmir
May 30, 2025

Recent Posts

  • “Excellent discussions”: All-Party delegation wraps up Saudi visit with focus on terrorism and strategic ties
  • Counter Intelligence wing of J-K Police conduct raids across Kashmir valley in terror link case
  • India’s Purple Revolution to take centre stage at Bhaderwah festival
  • Minister Javaid Dar launches ‘Viksit Krishi Sankalp Abhiyan’ at SKUAST-K
  • SMC Comm reviews preparations for Mela Kheer Bhawani, Eid-ul-Adha

Recent Comments

  1. BASHIR AHMAD BHAT on Poor hotel accommodation, lack of medical facilities irk Kashmiri pilgrims in Saudi Arabia, video goes viral
  2. sree vishnu movies on Pahalgam attack shatters Kashmir’s film tourism revival
  3. SavePlus on AI and Behavioural Analytics in Gaming: Making the World of Gaming Better
  4. Parul on Govt acknowledges faulty streetlights on Narbal-Tangmarg road
  5. dr gora on Women Veterinarians and the Goal of Viksit Bharat

Contact Us

Flat No 7,Press Enclave, Srinagar, 190001
0194 2477887
9971795706
[email protected]
[email protected]

Quick Link

  • E-Paper
  • About Us
  • Contact Us

Top Categories

Stay Connected

1.06MLike
262.5kFollow
InstagramFollow
234.3kSubscribe
WhatsAppFollow
Rising KashmirRising Kashmir
Follow US
© 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?