• About us
  • Contact us
  • Our team
  • Terms of Service
Wednesday, July 16, 2025
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Mehta launches e-Kuber payments system in J&K

Images News Netwok by Images News Netwok
February 19, 2021
in BUSINESS
A A
0
Mehta launches e-Kuber payments system in J&K
FacebookTwitterWhatsapp

JAMMU: Financial Commissioner Finance, Dr. Arun Kumar Mehta, formally rolled out e-Kuber payments system of Reserve Bank of India for Jammu and Kashmir here today.

General Manager RBI Jammu, Sandeep Mittal and Director General Accounts and Treasuries, Finance Department, Mahesh Dass were present on the occasion.

Related posts

India’s 2024 economic growth projection revised upwards by UN to nearly 7%

Economy to grow at 6.5% in FY26 despite global tensions, trade uncertainties: EAC-PM chairman

July 15, 2025

Telcos roll out suffix on SMS headers to identify spam, share concern over gaps in OTTs

July 15, 2025

The new payment system of RBI will replace the existing system for the purpose of government payments. All types of government payments including employee’s salaries and pensioner’s pensions would be done through RBI’s e-Kuber.

Pertinently, J&K is the first Union Territory to implement version 2.9 of e-Kuber payments system. Initially, e-Kuber will be implemented in Civil Secretariat treasury on pilot basis and roll out of this system for other treasuries shall follow shortly.

Dr Mehta expressed pleasure over new payments system saying that the move would help to strengthen financial discipline in the UT.

Financial Commissioner was informed that the system is capable of making 50 thousand transactions at a time. He was further informed that with the system, all government-related financial transactions will be dealt directly with RBI, without any intermediary bank. The system shall also overcome payment delays and eliminate risk of paper vouchers being lost in transit.

He was also apprised that through a web-based integrated system, Treasury Net, all treasuries would be allowed to access the e-KUBER payment platform. The completely automated process flow in this model ensures end-to-end message processing, accounting, generation and dispatch of scrolls seamlessly. The model ensures that all payments are processed efficiently and beneficiaries receive the payments without delay.

President JK Bank, Rakesh Kaul; Director Accounts & Treasuries Jammu, Neeraj Gupta; Chief Accounts Officer, DGAT, Anudeep Kaur, Dy Director Central, Accounts & Treasuries, Mohammad Iqbal, Assistant General Manager, RBI Jammu, Bhavuk Ahuja; Senior Technical Directors, NIC Jammu, Salim Khan, Jatinder Pal Singh and Technical Director, NIC Jammu, Rajesh Kumar were present on the occasion.

Previous Post

Four tuition centres sealed across Baramulla district

Next Post

Sagar releases 11 lakh party membership coupons

Images News Netwok

Images News Netwok

Next Post
PAGD – Is JKPCC in or out?  

Sagar releases 11 lakh party membership coupons

Leave a Reply Cancel reply

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

ePaper

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2024 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2024 Kashmir Images - Designed by GITS.