J&K Bank (Jammu and Kashmir Bank)

Key details

• Parent: Maharaja Hari Singh

Overview

J&K Bank (Jammu and Kashmir Bank) is Indian state-aligned commercial bank + NSE: J&KBANK BSE: 532209 + Government of Jammu and Kashmir Indian Union Territory ~59%+ controlling + Indian retail + institutional investors free float + primary commercial bank for Jammu and Kashmir + Ladakh Indian Union Territories + founded Oct 1 1938 in Srinagar Jammu and Kashmir British India as Jammu and Kashmir princely state bank by Maharaja Hari Singh [1, in-cro].

History

Oct 1 1938 — Jammu and Kashmir Bank J&K Bank founded in Srinagar Jammu and Kashmir British India by Maharaja Hari Singh as Jammu and Kashmir princely state bank distinctive Indian banking heritage as Indian princely state commercial bank predating Indian independence.

1971 — J&K Bank scheduled commercial bank under RBI Indian banking framework.

2014 — J&K Bank Mobile banking app launch.

Ownership & operator

Operating entity: Jammu and Kashmir Bank J&K Bank (Indian state-aligned commercial bank; NSE: J&KBANK; BSE: 532209).

Major shareholders: Government of Jammu and Kashmir Indian Union Territory ~59%+ controlling + Indian retail + institutional investors free float.

Regulators: Reserve Bank of India RBI.

Technical integration

J&K Bank Mobile app (iOS + Android) + jkbank.com online + Jammu and Kashmir Bank branch network across India (primary commercial bank for Jammu and Kashmir + Ladakh Indian Union Territories) + J&K Visa + Mastercard + RuPay cards; RuPay Indian national card scheme + EMVCo QRCPS QR payments + Bharat QR (Indian national QR payment scheme) + UPI Unified Payments Interface (Indian instant payments) + Indian Rupee INR domestic transfers.

Implementations & partners

Major Indian banking + payments competitors: [[sbi-india]] (State Bank of India SBI) + [[hdfc-bank]] (HDFC Bank) + [[icici-bank]] (ICICI Bank) + [[axis-bank]] (Axis Bank) + [[pnb-india]] (Punjab National Bank PNB) + [[canara-bank]] (Canara Bank) + [[bob-india]] (Bank of Baroda BOB) + [[boi-india]] (Bank of India BoI) + [[upi]] (Unified Payments Interface UPI).

Regulators: Reserve Bank of India RBI.

Status

Active, Indian state-aligned commercial bank + NSE:J&KBANK BSE:532209 + Government of Jammu and Kashmir Indian Union Territory ~59%+ controlling + primary commercial bank for Jammu and Kashmir + Ladakh Indian Union Territories + founded Oct 1 1938 in Srinagar Jammu and Kashmir British India as Jammu and Kashmir princely state bank by Maharaja Hari Singh [1, 2].

Sources

• 1 J&K Bank — official
• 2 J&K Bank — Wikipedia
• in-cro In-corpus: reports/countries/IN-india.md

Source

Biography extracted from jammu-kashmir-bank.md. See matrix.md for standards-support matrix if present.