x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Border areas worst victims of Govt’s apathy, Pak sponsored terror: Harsh | SC says women can get command positions in Army, directs permanent commission for all women officers | Strike by J-K PHE daily wage workers enters 11th day, CPI(M) urges LG to intervene | Rape accused who fled from J-K police custody rearrested | Former executive engineer of PHE division booked on corruption charge | India Planning Separate Theatre Command For J&K: General Bipin Rawat | Air Defence Command to be rolled out by beginning of 2021, says CDS General Bipin Rawat | Supreme Court judgment on Permanent Commission will uplift women across country not just in Army, say officers | Strict restrictions to continue as J-K admin extends 2G mobile data service till Feb 24 | Admin directs DDOs to credit 'wrongly parked' money into exchequer | ACB traps ASI red handed accepting bribe | Civilian killed, 4 injured in Pakistan shelling along LoC | Over 60 people join JKNPP | Industrialists' body welcome roadshows ahead of investment summit in J&K | Crime Branch files charge sheet against father-son duo in fake job racket | Jammu youth feeling pushed to edge due to BJP’s betrayal: Bhalla | Mind your own business | The price of politics | Sexual harassment in Gargi college | People decry over irregular plying of passenger vehicles on some routes | Rescue operation resumes for one missing in Gurez avalanche | J&K panchayat by polls: Tight security should boost participation say officials | Govt advises DM of operating banks in J&K to reach out to masses under FIOC | Security forces search Pulwama village after input about militants' presence | Contractual staff gets preferential posting, top positions in JKEDI | Shah Faesal’s political career ends even before it could begin | We remain firm on decisions on Art 370, CAA despite pressure: PM | Confused NC issuing confusing statements | Water purifiers lying defunct since months in CUJ, admin in slumber | Jammu’s Border belts without Trauma centres, Critical Ambulances, expose Health Deptt | PMGSY becomes golden goose in Rajouri | Languishing projects again stuck despite cleared by JKIDFC | NIA stumbles upon ''evidence'' of terror funding through cross-LoC trade during DySP case probe | Despite availability of funds, construction of 4 girls’ hostels yet to begin | Embezzlement of ration, funds surfaced in Mendhar | After ACB raids, unnerved CE visits under investigation Engineer’s residence in Bijbehara | LoC village lacks basic facilities | Marwah residents demand additional chopper flights for stranded passengers | SHEILD Taekwondo Academy players bring laurels | Natrang stages Hindi play “Faisla” | 18th bodybuilding and fitness championship held | NPS Mawa Karoda celebrates Annual Day | Health awareness camp organized | JKAKA announces probable for 67th Senior National Kabaddi Championship | Poonch wins galaxy of medals in Taekwondo championship | Twin dustbins installed in several areas by JMC | After morning fog, weather turns pleasant in Kashmir | Border towns of Machil, Keran, Gurez remain cut off due to snow | Pathania exhorts officers for special focus on far-flung, neglected areas | Sunday market remain closed for second week in Kashmir | Chatyar Dhanwan, Lowerkote villages' endless wait for road connectivity continue | APS Kaluchak celebrates Annual Sports Day | Congress criticizes NC, BJP | JKNPP demands Rs 1 crore financial assistance to families of killed fireman | Centre failed to curb inflation, hike in LPG price: Congress | Hakla highlights demands of Gujjars, Bakarwal | Home Ministry organizes 'Bharat Darshan' tour for children | SKUAST-J faculty gets young scientist award | BJP welcomes date for commencement of Amarnath Yatra | Punjabi Sahitik Sabha conducts monthly literary meet | VC makes surprise visit to Girls' Hostels | AJKSSKS observes Nirwan Divas | Brahma Kumaris organize festivities on eve of Maha Shivratri | NGO distributes blankets among border people | DPS celebrates annual day | Back Issues  
 
news details
Govt action against JK Bank widely hailed
6/12/2019 11:17:17 PM
Early Times Report

Jammu, June 12: The buntings in J&K Bank have proved that the bank was considered a personal property by some Valley based parties and the senior officers of the Bank.
Except those parties who had developed a vested interest in the bank by getting loans in favour of their relatives and friends, the Government action against the Bank has been welcomed by one and all.
Sources said common Kashmiri has hailed the Government as he is of the opinion that Bank has not only been looted but has set a procedure of being only loyal to few political families of Kashmir who ruled the state for decades together.
The IT raids have now brought truth before the people and shown that how some officers having backing of some politicians as well as higher-ups in the Bank managed their promotions through fraudulent means.
This has also revealed that JK Bank was acting as a State within the State and the management had no respect for the government.
This was the reason that it adopted two different yard sticks for appointment of candidates from two different regions of the State. While the preference was given to candidates with low percentage from Kashmir, candidates from Jammu were ignored notwithstanding their high merit.
The Bank's NPA has touched high during the term of outgoing chairman as loan was given to kindly of politicians who did not return, sources added.
Sources said with the Government action the functioning of the Bank has been streamlined to benefit people.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU