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
Share on FacebookShare on TwitterWhatsappTelegramEmail

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

In over 70 years, Srinagar records highest July temperature at 37.4 degrees

LG Sinha issues directives on pilgrims’ safety

Extension in summer vacation likely on Sunday: Sakina Itoo

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
Previous Post

J&K Reports 4 Covid-19 Cases, No Death

Next Post

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

INS Desk

INS Desk

Related Posts

Heat wave: SED advises schools to avoid assemblies in afternoon
Regional

In over 70 years, Srinagar records highest July temperature at 37.4 degrees

July 5, 2025
Under PM’s guidance, J&K Govt changed lives of tribal communities in 4 years: LG
Regional

LG Sinha issues directives on pilgrims’ safety

July 5, 2025
Will seek suggestions from all stakeholder on academic session restoration: Sakina Itoo
Regional

Extension in summer vacation likely on Sunday: Sakina Itoo

July 5, 2025
Police attach property worth  Rs 1.5 cr in Sgr in terror-linked case
Regional

Police attach property worth Rs 1.5 cr in Sgr in terror-linked case

July 5, 2025
3 persons killed in Kishtwar accident
Regional

25 pilgrims injured as yatra buses collide at Chanderkote

July 5, 2025
Heat wave: SED advises schools to avoid assemblies in afternoon
Regional

Heatwave: Sgr records 2nd hottest day of season at 35.3 degrees

July 4, 2025
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 *




Rains, snow expected from Monday in J&K: MeT

Week-long wet spell: Kashmir receives more rains, snow

March 11, 2025
Dr Farooq says will contest J&K assembly polls

Omar set to become next J&K CM, choosen as LP Chairman, says Dr Farooq

October 10, 2024
31 More Covid-19 Deaths Reported In J&K

J&K Reports 67 Covid-19 Deaths, 4169 Fresh Cases

May 20, 2021

About

Indian News Service (INS) is the first registered online news portal from the state of Jammu & Kashmir. Our creative team consists of like-minded and socially concerned team of media professionals who carry decades of experience in their field of profession at their back. Our core values have pillars in honesty, empathy, credibility, equality and integrity.

More

© 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.