The INS News
No Result
View All Result
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog
No Result
View All Result
The INS News
No Result
View All Result
Home News Regional

J&K Bank Regrets Outages

INS Desk by INS Desk
May 1, 2022
A A

SRINAGAR, MAY 1: Despite intermittent outages, J&K Bank’s digital and alternate channels have recorded 2 million transactions amounting to whopping Rs 1082 Crores in last 36 hours.

RELATED POSTS

Lt Governor visits Rahul Bhat’s family in Jammu

NC denounces dropping Sheikh Abdullah’s name embossed on JK police medal

J&K reports 3 new covid-19 cases, no death

Speaking on the occasion, Bank’s President IT said, “While we feel delighted in having successfully served lakhs of our esteemed customers ahead of this auspicious Eid occasion, we equally feel pained for having not been able to come up to the expectations of a section of our valuable customers, who experienced failed transactions or time-outs due to unprecedented high usage of the digital channels. Although the services have been restored by our dedicated team of IT professionals working overnight to resolve the issue, however, we feel duty bound to regret deeply the inconvenience the outages have caused to many of our customers.”

“Further, let me assure you that the entire situation is being monitored at the highest level in the Bank and necessary measures are already afoot to ensure that our valuable customers don’t have to face any such situation in future. As of now, our mobile banking application, ATMs and all other digital channels are up and running for the convenience of our customers”, he added.

Meanwhile, notwithstanding the reported instances of time outs or transaction failures due to huge number of database hits generated by the unprecedented high usage of the application, J&K Bank’s Digital and Alternate Channels have successfully processed over 2 million transactions since Saturday morning till Sunday 12.30 pm.

As per the data, Bank’s Mobile application mPay alone has processed over 6.12 Lac successful transactions since Saturday morning till Sunday 12.30 pm resulting in the transfer of money amounting to Rs 555.25 Crores. The ATMs have also witnessed huge customer footfall throughout the Saturday and Sunday morning dispensing Rs 326.21 Crores of cash in over 4.39 Lac successful transactions. Besides, under the Bank’s UPI services, payments amounting to Rs 182.65 Cr have been made in 7.81 Lac transactions, while as, an amount of Rs 23.40 Crore has been transacted in purchases through PoS and e-Commerce channels of the Bank during the period in over 2.24 Lac successful transactions.

The data excludes the digital payment transactions made through NEFT and RTGS modes.

Buy JNews
ADVERTISEMENT
ShareTweetSend
INS Desk

INS Desk

Related Posts

Lt Governor visits Rahul Bhat’s family in Jammu
Regional

Lt Governor visits Rahul Bhat’s family in Jammu

May 24, 2022
Govt Replaces Sheikh Abdullah Embossed On Police Medal With National Emblem
Regional

NC denounces dropping Sheikh Abdullah’s name embossed on JK police medal

May 24, 2022
3 IAS officers attached to H&ME for assisting in Coronavirus mitigation efforts in J&K
Regional

J&K reports 3 new covid-19 cases, no death

May 24, 2022
Youth’s Body Found In Orchard At Shopian
Regional

Policeman Killed, Daughter Injured In Militant Attack

May 24, 2022
Youth’s Body Found In Orchard At Shopian
Regional

Youth dies as bike rams road divider in South Kashmir

May 24, 2022
Srinagar acid attack: Court frames charges against two adult accused
Jammu

Fast Track Court Sentences Main Accused To 8 Years Jail For Raping Minor In 2014

May 24, 2022
Next Post

Holding Eid Prayers At Jamia ‘Not Possible Under Present Circumstances’: Police

Amid Dry Weather, Night Temp Increases At Most Places In Jammu and Kashmir

Amid Forecast For Light Rain Tomorrow, Night Temperature Rises In Jammu & Kashmir

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *




3 IAS officers attached to H&ME for assisting in Coronavirus mitigation efforts in J&K

83 New Covid-19 Cases, 1 Death Reported In Jammu and kashmir

August 17, 2021
Pork thrown in mosque, elderly cleric shot dead in UP

PDP zonal president residence fired upon, reports

October 21, 2017
Minister asks all parties to allow Triple Talaq Bill to pass

Muslims clerics divided over triple talaq bill

December 29, 2017

Popular Stories

  • Haji Ghulam Rasool Khan receives Padma Shri for Art

    Haji Ghulam Rasool Khan receives Padma Shri for Art

    0 shares
    Share 0 Tweet 0
  • Yasin Malik convicted, sentence on May 25

    0 shares
    Share 0 Tweet 0
  • The Red Light Area of Srinagar!

    0 shares
    Share 0 Tweet 0
  • Govt Removes Civil Judge From Services

    0 shares
    Share 0 Tweet 0
  • MHA Orders Transfer Of 5 IAS, 1 IPS Officers; Navin Kumar Choudhary Moved To Mizoram, M Raju To AP

    0 shares
    Share 0 Tweet 0

© 2022 INS News - Designed by GITS.

No Result
View All Result
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog

© 2022 INS News - Designed by GITS.