Author name: The News Craving

Govt owned J&K bank gave loan to Adani Power, allows flexible structuring

Srinagar: Govt owned J&K bank has given loan to Adani Power, allowing its flexible structuring, documents show. Jammu and Kashmir Bank (JK Bank) has announced a substantial downsizing of 27% in its Restructured Loan book during the fiscal year 2024 after the loans of Adani power were restructured. A significant contributor to this downsizing was

Govt owned J&K bank gave loan to Adani Power, allows flexible structuring Read More »

Rising costs, asset quality concerns linger for JK Bank

Srinagar: J&K Bank recently reported a record-breaking profit of Rs. 1,767.27 crore for FY 2024. However, a closer look at the bank’s financials reveals some underlying issues. Headline growth masks cost pressures: While J&K Bank achieved double-digit growth in both loans and deposits, a significant rise in interest expenses (30% YoY) outpaced the growth in

Rising costs, asset quality concerns linger for JK Bank Read More »

Hindi play ‘Miss World Undeclared’ staged

Srinagar: ‘Miss World Undeclared’, a play in Hindi, written by Satyendra Shrivastava and directed by Neeraj Kant, was staged here today at Natrang’s Studio Theatre Kachi Chawni in its Weekly Theatre Series, Sunday Theatre. The play ‘Miss World Undeclared’ presented at Natrang Studio unfolds the sad saga of all those people, particularly Asians who reside in the developed European

Hindi play ‘Miss World Undeclared’ staged Read More »

5-star hotels in J&K could come on state, forest land

Srinagar: The Jammu and Kashmir administration has initiated a process to identify suitable land for the development of 5-star hotels across the region. This move aims to boost the tourism sector by providing high-end accommodation options for travellers. District-level committees, headed by the respective Deputy Commissioners, have been formed to scout for potential locations. These

5-star hotels in J&K could come on state, forest land Read More »

Kashmiri driver found dead under mysterious circumstances in Samba

Srinagar: A truck driver, Farooq Ahmad Mir, from Dangiwacha village in Baramulla district of north Kashmir, was found dead under mysterious circumstances early on Thursday morning. The 32-year-old’s body was discovered inside his truck (JK05E 9615) in the Nud area of Samba district, Jammu. Mir was rushed to a nearby hospital but was declared dead

Kashmiri driver found dead under mysterious circumstances in Samba Read More »

Husband allegedly kills wife in Tangdhar 

Srinagar:  In a shocking incident, a husband allegedly killed his wife by strangulating her at Tangdhar in north Kashmir’s frontier Kupwara district. An official aid that a lady, in her 30’s (name withheld) was allegedly killed by her husband after strangulated her at their house during the intervening night of Tuesday-Wednesday. The accused, identified as

Husband allegedly kills wife in Tangdhar  Read More »

Scroll to Top