INSUBCONTINENT EXCLUSIVE:
J-K Bank share price: J-K Bank crashes 20% amid investigations against chairman - The TheIndianSubcontinentNever miss a great news story!Get
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Analysis, IPO, Mutual Funds, Bonds - MoreR.K Chhibber and the management team will hold a conference call with the investors
today.ETMarkets.com|Jun 10, 2019, 10.10 AM ISTANIET reported that the Jammu and Kashmir government had started investigations against a web
of operations surrounding former J-K Bank chairman Parvez Ahmed Nengroo
NEW DELHI: Shares of Jammu - Kashmir Bank plunged 20 per cent to hit their lower circuit limit of Rs 47.60 in Monday's session amid
reports that the Jammu and Kashmir government had started investigations against the former J-K Bank chairman.
ET reported that the Jammu
and Kashmir government had started investigations against a web of operations surrounding former J-K Bank chairman Parvez Ahmed Nengroo
The Jammu and Kashmir government removed J-K Bank Chairman Nengroo and the raids were conducted following allegations that he offered loans
The J-K anti-corruption bureau (ACB) is said to have seized around 300 files pertaining to illegal and fraudulent appointments in the bank
by Nengroo during PDP rule in the state.
In a BSE filing, the bank said its Chairman cum Managing Director R.K Chhibber and the management
team will hold a conference call with the investors today.
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