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Investment / Daily Excelsior

J&K Bank renews MoU with UT Govt to offer special banking services to employees

Excelsior Correspondent JAMMU, June 20: Reaffirming its close partnership with the Jammu and Kashmir Government, J&K Bank today renewed its Memorandum of Understanding (MoU) with the UT administration to offer enhanced and customised banking services to all permanent Government employees. The agreement was signed at the Civil Secretariat Jammu by the Banks Deputy General Manager Rajesh Dubey and Under Secretary (Finance Department) Trikansh Bhushan in presence of the Banks General Manager and Di

21 Jun 2025 6:00 am
Banking Sector Profitability Increases

by dhurjati mukherjee The banking sector has been in good health. Most banks are earning high profits and attracting investors in the capital sector. This is reinforced by the fact that the Reserve Bank of Indias board approved a record surplus transfer to the central government of Rs 2.68 lakh crore for the accounting year 2024-25. This is higher than Rs 2.1 lakh crore that the central bank paid as dividend to the Centre in 2023-24and marginally higher than Rs [] The post Banking Sector Profita

13 Jun 2025 4:12 am
Stock markets snap 3-day decline on buying in banking shares; Sensex jumps 410 pts

MUMBAI, May 21: Benchmark stock indices Sensex and Nifty rebounded sharply on Wednesday, snapping their three-day falling streak on the back of buying in blue-chips HDFC Bank and ICICI Bank and a firm trend in Asian peers. The 30-share BSE Sensex jumped 410.19 points or 0.51 per cent to settle at 81,596.63. During the day, it surged 835.2 points or 1.02 per cent to 82,021.64. The NSE Nifty climbed 129.55 points or 0.52 per cent to 24,813.45. Among Sensex firms, [] The post Stock markets snap 3-d

21 May 2025 5:22 pm