JK Bank inaugurates 2 business units, ATMs in Pulwama

JK Bank inaugurates 2 business units, ATMs in Pulwama
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SRINAGAR: J&K Bank Chairman and CEO Parvez Ahmed e-inaugurated two business units and offsite ATMs on Monday at Pulwama in presence of District development Commissioner Ghulam Mohammad Dar, bank’s Executive President, Vagesh Chander and customers, senior citizens, representatives of various trade bodies and local residents.
The bank’s presidents, Abdul Rashid Sheigan, P K Tickoo, Zonal Head Kashmir South I, Tasaduq Hussain, vice-presidents besides other bank officials also attended the inaugural ceremony in lawns of Zonal office Kashmir South-I. The number of business units increased to 67 with a total of 87 ATMs in the district that falls within the jurisdiction of zonal office.
The two business units e-inaugurated are at Samboora and Wahibug. And the four ATMs installed are at DC Office Pulwama, Achhen, Karimabad and Pehoo in the district, an official handout read.
Speaking on the occasion Parvez Ahmed said, “J&K Bank not only envisages its expanding operations as means of financial empowerment of the people but foresees these as investment in economic prosperity of the state of Jammu and Kashmir. Our JK-centric strategy focusses upon the need to energise the sectors of J&K economy with enormous growth potential.”
“Accordingly, we shall be extending the credit to those capable of taking lead in the transformation of such sectors besides the skilled youth who haven’t availed the loans so far. For that to happen effectively we expect the youth to equip themselves with right education and required skill-set. That is the only way to negotiate better deals not only for themselves but the organizations they will work for. To all the youth I assure total support and services of J&K Bank”, he added.
Chairman while deliberating on his Idea and belief of bank’s business in J&K state explained in detail why he aspire for quality education to state youth who with their sheer talent can transform the socio economic landscape of the state.
“Proper education, training and direction through a conducive environment will develop the state youth for global challenges of handling businesses and under such a perfectly evolved scenario , huge business and profits for the bank shall arrive as a secondary benefit,” he said.
Quoting instance of huge daily consumption of dairy, meat and poultry items in the state, the bank chairman elaborated as to how its home production in the potentially capable twin districts of Pulwama and Shopian can generate huge employment and in turn prosperity to the area, the handout read.
Advising the bank staff to work towards empowerment of people especially youth, he emphasised the need to “reorient the customer service of the bank towards inspiring people for working jointly with us for home delivering the blended prosperity to every subject of the state”. He also directed zonal head to felicitate the students who have excelled in different fields of education.
On the occasion, Deputy Commissioner Pulwama Ghulam Mohammad Dar remarked, “J&K Bank is more than a financial institution for us. It has become a part of our identity outside the state. This institution has fundamentally changed the economic landscape of the state and has the potential to shape our collective future as well.”
“If we talk of development issues we have an annual plan of Rs 200 – 300 crore. However when we discuss the District Credit Plan it is more than Rs 1000 crore which is quite a large sum for the economic development of a district. Therefore people need to come forward and avail different schemes of the bank. For example the bank’s High Density Apple scheme promises a huge growth potential for apple economy. Besides, there are many sectors like milk production, poultry, and saffron which need a special focus through marketing and branding”, he added.
During the function customers raised queries and also put forward their suggestions. Local trade bodies and civil society members thanked J&K bank for its world class products and services besides handholding the youth entrepreneurs. They were happy with the customer services provided by the bank staff.

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