JAMMU, Mar 27: Jammu and Kashmir Bank will not deduct EMIs on all loans for the next three months on account of the coronavirus pandemic, while following the Reserve Bank of India directions issued this morning.
J&K Bank Chairman and Managing Director (CMD) R K Chhibber termed the decision a major relief for the people of Union Territory, J&K and said RBI directions will be fully implemented in Jammu and Kashmir and no EMI payment by beneficiaries of J&K bank for the next three months.
Public of Jamm while speaking to Cross Town News appreciated the decision of J&K Bank.
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