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Daily Excelsior

Investment / Daily Excelsior

Govt ropes in J&K Bank to extend accidental insurance cover, banking benefits to Daily Wagers

Excelsior Correspondent SRINAGAR, June 9: The Government of Jammu & Kashmir as per its commitment to inclusive financial empowerment today entered into a significant Memorandum of Understanding (MoU) with J&K Bank to extend a host of banking, insurance and credit-related benefits to daily-rated workers, contractual employees, and other casual workers engaged by the Government. The occasion was graced by the Chief Secretary, Atal Dulloo and was held in the presence of Financial Commissioner (Addi

10 Jun 2026 5:45 am
Over 58 cr Jan Dhan accounts bring crores of Indians into formal banking system: FM

NEW DELHI, June 5: Finance Minister Nirmala Sitharaman on Monday said that over 58 crore Jan Dhan accounts have brought crores of Indians into the formal banking system. The Jan Dhan scheme has ensured that benefits under welfare schemes, low-cost insurance, and pensions reach without leakages, the Finance Ministers office said in a post on X. Garib Kalyan is Honble PM Shri @narendramodis guarantee of dignity, opportunity and empowerment for every Indian, she said. India has stood out globally i

8 Jun 2026 3:39 pm
J&K Bank signs MoU with SMVDU for employee banking benefits

Excelsior Correspondent JAMMU, June 2: J&K Bank today signed a Memorandum of Understanding (MoU) with Shri Mata Vaishno Devi University (SMVDU), Kakryal, Katra, under its Corporate Salary Package (CSP), enabling the universitys employees to avail a range of customised banking benefits and preferential financial services. The agreement was signed at the office of the Vice Chancellor of SMVDU. Registrar Ajay Kumar Sharma and J&K Bank Zonal Head (Udhampur) Lalit Prakash signed the MoU on behalf of

3 Jun 2026 4:58 am