SRINAGAR: Commenting on the performance for the quarter, said Mushtaq Ahmad, Chairman and CEO of Jammu & Kashmir Bank, “The first quarter results are healthy to sustain our growth momentum well into future despite the severely stressed economic conditions in the country. Our strategic focus on the potential sectors within the state economy will sharpen considerably to push our CD Ratio further up.
He said, “We feel encouraged by the results. As of now, we are streamlining our business policy, plan and processes following up with a multipronged approach i.e. total financial inclusion, vigorous business expansion, formulation of risk-based systems and procedures, consolidating processes of growth and most significantly building a capable and unmistakable work-force to meet the challenges of future banking”
In terms of staff, the Bank shall keep pace with its fast expanding foot print across the country. We took a major stride in this direction by appointing 1050 Relationship Executives through a selection process quite in line with our recruitment policy, he added.
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