Daily Excelsior

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

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

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

RBI cancels banking licence of Paytm Payments Bank: Statement The post RBI cancels banking licence of Paytm Payments Bank: Statement appeared first on Daily Excelsior .

NEW DELHI, Apr 19: Indias banking sector remains resilient in the backdrop of heightened geopolitical uncertainties, with a majority of bankers anticipating a non-food credit growth of 11-13 per cent during January-June 2026, according to the FICCI-IBA Bankers Survey unveiled on Sunday. The outlook is supported by improving balance sheets, steady economic activity, sustained demand across multiple segments of the economy with robust retail and SME credit momentum, and early signs of revival in p

*Addresses Axis Bank Senior Management Confluence Excelsior Correspondent SRINAGAR, Apr 14: Chief Minister Omar Abdullah today addressed the Axis Bank Senior Management Confluence here, underscoring the critical role of the banking sector in strengthening financial inclusion, supporting entrepreneurship, and driving sustainable economic growth in Jammu & Kashmir. Advisor to the Chief Minister Nasir Aslam Wani, MLA Gulmarg Pirzada Farooq Ahmed Shah, MLA Zadibal Tanvir Sadiq, MLA Hazratbal Salman