Sonamarg:- Prime Minister Narendra Modi, during the inauguration of the Z-Morh Tunnel, lauded the remarkable transformation of Jammu and Kashmir Bank, emphasizing its significant growth in business operations over a short period.
Jammu and Kashmir Bank is fostering financial growth in our beautiful Union Territory, PM Modi remarked, highlighting the bank’s pivotal role in the local economy. The Prime Minister noted that this surge in business operations is indicative of the bank’s enhanced ability to extend loans, which has a direct impact on various segments of society.
In a span of just four years, the bank has seen its business escalate from ₹1.60 lakh crore to ₹2.30 lakh crore, reflecting a robust economic turnaround in the region. From the youth aspiring to start their own ventures to local shopkeepers, Farmers, established businessmen, everyone is experiencing the benefits of this positive shift. The bank is empowering individuals and driving economic activities in the region..
Amitava Chatterjee, the newly appointed Managing Director and Chief Executive Officer (MD and CEO) of Jammu and Kashmir Bank, has chosen not to comment when contacted.