Is Jammu And Kashmir Bank A Nationalised Bank

I want to open a new account in Jammu And Kashmir Bank . Please tell me is Jammu And Kashmir Bank a Nationalised Bank ? Would you please provide me list of all the Nationalised Banks in Jammu And Kashmir ? Provide me history of J & K Bank .

I would like to know if Jammu and Kashmir Bank a Nationalised Bank or not and what is the vision for the bank?

[pawan]

J&K Bank is not a nationalised bank but it functions as a universal bank in Jammu & Kashmir and as a specialised bank in the rest of the country.

The Bank’s vision is to stimulate and catalyse economic revolution of Jammu and Kashmir and capitalise from the expansion induced financial prosperity thus engineered. The Bank aspires to build Jammu and Kashmir the most wealthy state in the country, by helping fashion a new financial architecture for the J&K economy, at the centre of which will be the J&K Bank.

It is also the only private sector bank nominated as RBI’s agent for banking business, and carries out the banking trade of the Central Government, besides collecting central taxes for CBDT.

J&K Bank follows a two-legged commerce model whereby it seeks to boost lending in its home state which results in superior margins despite modest volumes, and at the same time, seeks to confine niche lending opportunities on a pan-India basis to construct volumes and improve margins.

J&K Bank operates on the standard of 'socially empowering banking' and seeks to set free innovative financial solutions for household, small and medium enterprises.

Contact Details:
Address: The Jammu & Kashmir Bank Ltd.
Corporate Headquarters
M.A Road
Srinagar, J&K , India
Phone : 0194-2481900,
Fax: 0194-2481902

Hello Guys , I want to know Is Jammu And Kashmir Bank A Nationalized Bank , Or Not , Will you please Provide me Details for Same ?

[Shaleen]

Friend Here I am Telling you Jammu And Kashmir Bank is a Not Nationalized Bank .

Jammu and Kashmir Bank Ltd. is a Private Bank .

The Jammu and Kashmir Bank was Founded in October 1938 .

It’s Head Quarters located in Srinagar, Jammu and Kashmir, India

J&K Bank Functions As A Universal Bank in Jammu & Kashmir and as a Specialized Bank .

It is also the Only Private Sector Bank Designated as RBI's Agent for Banking Business, and Carries out the Banking Business of the Central Government, Besides Collecting Central Taxes for CBDT.

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मुझे जम्मू-कश्मीर बैंक का इतिहास प्रदान करें।