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RBI appoints Additional Director on J&K Bank Board of Directors

Monitor News Bureau

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Srinagar, Jul 4:Strengthening the J&K Bank’s board further, Reserve bank of India in a significant move on Wednesday appointed A K Misra – former Executive Director RBI- as Additional Director on its Board of Directors.

The order from RBI dated July 3, 2019 mentions “Reserve Bank of India is of the opinion that it is necessary in the public interest and in the interest of Jammu and Kashmir Bank Ltd. to appoint Additional Director on Board of Directors of the said bank, the RBI, in exercise of the powers conferred by sub section (1) of Section 36 AB of the Banking Regulation Act, 1949 (10 of 1949) hereby appoints Shri A K Misra, ex Executive Director, RBI as Additional Director in the Jammu and Kashmir Ltd.”

Welcoming the decision, the Bank’s Chairman and Managing Director Rajesh Kumar Chhibber said that the appointment will further strengthen the process of transparency and accountability in the governance framework besides enhancing the efficiency of the bank’s board as the appointee brings in a wealth of experience and expertise from his earlier assignments at the regulator bank.

 

“I welcome the decision and we shall extend full support and cooperation to Mr A K Misra in making the bank stronger, efficient, transparent and more accountable to its stakeholders”, said the Chairman.

The official, as per the RBI order, shall hold the office for a period of two years up to July 2, 2021 or till further orders, whichever is earlier.


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Will take 2-3 days for scheduling flights over Pak air space: AI official

Agencies

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Air India on Tuesday indicated that it will take two to three days for scheduling flights over Pakistan which has lifted all curbs on flying over its air space. “We are looking into the matter. It will take two to three days for scheduling to use Pakistani airspace,” an Air India official said.

For the first time since February’s Balakot strike, Pakistan fully operationalised its airspace for civilian traffic, bringing a huge relief for the airlines which had to take long and costly detours to avoid the Pakisrtani air space. “With immediate effect, Pakistan airspace is open for all type of civilian traffic on published ATS routes,” read a notice to airmen (NOTAM) issued by the Pakistan Civil Aviation Authority.

In a tweet, the Ministry of Civil Aviation in New Delhi termed the move a “great news” and a “big relief to air passengers”. Pakistan had earlier claimed that it would not open its airspace for commercial flights until India removed its fighter jets from forwarding Indian airbases.

 

Pakistan had fully shut its airspace on the eastern border with India after the Indian Air Force had carried out airstrikes on a Jaish-e-Mohammed (JeM)camp in Balakot on February 26.

In mid-April, Pakistan opened one of its 11 air routes for west-bound flights from India — airlines like Air India and Turkish Airlines have started using it. In March, the neighbouring country partially opened its airspace but did not allow Indian flights to fly over its airspace.

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Unidentified male body retrieved in Jehlum

Global News Service

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Srinagar, July 16: Police on Tuesday recovered an identified male body on river Jehlum near Shadipora area of Sumbal in North Kashmir’s Bandipora district.

Reports reaching said that some locals spotted the body floating near Shadipora and informed the concerned police station immediately.

A police team reached the spot and retrieved the body. Confirming it a police officer said that the body has been taken to a nearby hospital for medico-legal formalities.

 

The officer said that the identity of the deceased is being ascertained.

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963 militants,413 soldiers killed in J&K since 2014: Home Ministry

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A total of 963 militants have been killed in Jammu and Kashmir by security forces since 2014 when Prime Minister Narendra Modi was first voted to power.

During the various encounters and anti-combing operations in the state during the period, a total of 413 security personnel were also killed.

The data was furnished by the Ministry of Home Affairs in a written reply in the Lok Sabha. The Home Ministry also said that pursuant to Prime Minister Narendra Modi-led NDA government’s zero-tolerance policy against militancy, the forces were taking proactive measures to neutralize militants.

 

According to the Home Ministry, each of the Central Armed Police Forces has a designated welfare officer at each headquarter. Apart from it, there are welfare officers at the unit level to facilitate the families of security personnel, who were killed in the line of duty.

On Monday, Minister of State for Defence Shripad Naik had informed the Rajya Sabha that Jammu and Kashmir witnessed a total of 318 militants attacks in 2018, which is 187 more than the number of attacks in 2017.

In a written reply to Rajya Sabha MP Vijay Goel, the government had further said that as many as 265 militants were killed in various counter-militants, counter infiltration and militant Initiated Incidents operations undertaken by the defence and security personnel. In the same year, a total of 43 Army men were killed during anti-militant operations.

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