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Here is a brief profile and history of Jammu & Kashmir Bank, India
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Jammu & Kashmir Bank

Jammu & Kashmir Bank was founded on October 1,1938 and it commenced business from July 4, 1939. The Jammu & Kashmir Bank Limited has been the first of its nature and composition as a State owned bank in the country. The Bank was established as a semi State Bank with participation in capital by State and the public under the control of State Government.

The bank had to face serious problems at the time of independence when out of its total of ten branches two branches of Muzaffarabad and Mirpur fell to the other side of the line of control (now Pak Occupied Kashmir) along with cash and other assets. Following the extension of Central laws to the state of Jammu & Kashmir, the bank was defined as a government company as per the provisions of Indian companies act 1956.

Today, Jammu & Kashmir Bank is one of the fastest growing banks in India with a network of more than 500 branches/offices spread across the country offering world class banking products/services to its customers. The Bank recently bagged three very prestigious awards for following fair business practices and commitment to social obligations.

URL: www.jammuandkashmirbank.com













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