J&K Bank is no ordinary financial institution. It is the only bank in India where the major shareholder is a union territory (earlier state) governme
Gvoernment's streategy of recognition, resolution, recapitalisation and reforms have resulted in decline of NPAs by Rs 2,27,388 crore.
For a change, the Economic Survey advises RBI on NPA management calling for more limited usage of regulatory forbearance to be followed by prompt Asse
Create government-owned, professionally managed development finance institutions (DFIs) to finance key sectors of the economy, he said.