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Jammu & Kashmir Bank (J&K Bank) rose 2.26% to Rs 29.35 after the bank said its board will meet on Friday, 4 June 2021, to consider the proposal of capital infusion in the bank.
The capital infusion would be made by the Government of Jammu & Kashmir as its promoter shareholder to the extent of Rs 500 crore.
The Government of Jammu & Kashmir is the promoter shareholder of the bank. It held 68.18% stake in the bank as on 31 March 2021.
J&K Bank offers banking services under the three major divisions as support services, depository services and third party services.
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Jammu & Kashmir Bank (J&K Bank) has postponed its board meeting to discuss the proposal of Rs 500 crore capital infusion from the state government. The meeting of the board of directors of the bank scheduled for Wednesday, May 12, 2021 to consider/discuss the proposal of capital infusion by the government of Jammu & Kashmir to the tune of Rs 500 crore in the bank stands postponed, the bank said in a regulatory filing. The bank has not given the reason behind the postponement. The new date for the said meeting shall be communicated separately, it added. Stock of J&K Bank traded at Rs 26.10 apiece on BSE, up 2.76 per cent from previous close.
JK Bank Recruitment 2021: Education And Eligibility
Desirous candidates applying for JK Office Assistant Jobs 2021 through JK Bank Recruitment 2021 must possess a Graduation/Post Graduation viz. MSW/MA in Rural Development/MA in Sociology, Psychology; B.Sc (Veterinary, Horticulture, Agri, Agri. Marketing); B.A. with B.Ed. etc; Graduate in BSW/BA/B.Com with computer knowledge, Social work, Arts, Commerce with knowledge in Basic Accounting from a recognised University/Institution as detailed in the JK Bank Notification 2021.
JK Bank Recruitment 2021: Selection And Pay Scale
The selection of candidates for JK Bank Jobs 2021 through JK Bank Recruitment 2021 will be done through a Written Examination (Online Test) and Interview as notified in the JK Bank Notification 2021.