Incorporated in 1938, Jammu and Kashmir Bank (J&K Bank) is one of India’s oldest private sector banks and a scheduled commercial bank. Srinagar is the headquarters of the city. For the past 84 years, the bank has operated as a leading bank in the union territories of Jammu and Kashmir and Ladakh. The interest rate on term deposits below ₹2 crore was increased by the bank. According to the bank’s official website, the new rates will take effect on August 11, 2022. The bank has raised interest rates on all terms in response to the change.
When new governments come to power in Australia, they inherit a budget from their political opponents. So they throw it away and produce their own, to fund their own political agenda. But some incoming teams turn the event into political theater. In 2013, the Abbott government made much of the alleged unsustainability of the previous […]
Australia’s largest bank has revealed a major factor that could stop the RBA in its tracks and put an end to sharp interest rate hikes. Property prices are already plunging across the country – and Australia’s biggest bank says this could cause major problems for the RBA ‘behind closed doors’. Last month, the Commonwealth Bank […]