The Jammu and Kashmir Bank (Urdu;جموں و کشمیر بنک) was founded on 1 - October - 1938 under letters patent issued by the Maharaja of Jammu and Kashmir, Hari Singh. The Raja had invited the eminent investors to become the founding directors and shareholders of the bank. The most notable of which were Pandit Sriniwas Magotra, Abdul Aziz Mantoo, Pesten jee and the Bhaghat Family, all of whom acquired major shareholdings. Dr Haseeb Drabu was chairman and chief executive of the bank for the period 2005 to 2010.