The searches were carried out in connection with alleged irregularities in the purchase of a building by the bank for its integrated office in Mumbai in 2010.
Alleged irregularities in loan disbursal activities and appointments in J&K Bank came to light after the Jammu and Kashmir Anti-corruption Bureau initiated action against it.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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