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J&K Bank registers record transactions of Rs 11,000 crore on Eid eve

*J&K Bank registers record transactions of Rs 11,000 crore on Eid eve*

*Bankโ€™s digital channel mPay hits Rs 1000 crore mark in a day*

Srinagar, Apr 09 : On the eve of Eid-ul-Fitr, Jammu & Kashmir Bank on Tuesday registered record transactions of Rs 11,000 crore with digital channels touching Rs 1,000 crore mark in a day.

According to the details available with the news agencyโ€”Kashmir News Observer (KNO), digital channel of the bank mPay hit Rs 1,000 crore mark in a day for the first time.

As per details a total of 493598 transactions worth Rs 3230.77 crore were recorded in just four days, which include two holidays and with todayโ€™s addition it has touched Rs 11,000 crore, registering at total transactions worth Rs Rs 11,082.

Meanwhile, consumers expressed satisfaction over the working mPay app as unlike previous years, they didnโ€™t face any inconvenience while using the digital platformโ€”(KNO)

Srinagar News

Srinagar News is one of the oldest newspaper in kashmir it was founded by Late Mehraj-ud-Din Wani Sahab in 1975.

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