JK Bank inaugurates 2 Business Units, 4 ATMs in Pulwama

Srinagar?J??????&K Bank Chairman and CEO Parvez Ahmed e-inaugurated two Business Units and three offsite ATMs today amid a huge round of applause at Pulwama in presence of Deputy Commissioner Ghulam Mohammad Dar, Banks Executive President Vagesh Chander, and a large gathering of valuable customers, senior citizens, representatives of various trade bodies and local residents.

The banks Presidents P K Tickoo, Abdul Rashid Sheigan, Zonal Head Kashmir South I Tasaduq Hussain, Vice-Presidents besides other bank officials also attended the inaugural ceremony in the lush green lawn 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.

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 energize 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 havent 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 Banks Business In J&K State explained in detail why he aspires for quality education to State youth who with their sheer talent which they are bestowed with can transform the socio economic landscape of the State .The 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. Quoting instance of huge daily consumption of dairy, meat and poultry items in the State, 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.

In this endeavor chairman offered his services and resources of the bank to bring franchise model of reputed brands for showcasing the local talent and products as per global standards. Chairman also expressed his keen desire to conduct a buyer-seller meet of all concerned stakeholders of the valley in future.

Advising the staff of the bank present on the occasion to work towards the empowerment of the people especially youth, Chairman emphasized the need to reorient the customer service of the Bank towards inspiring the 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 Cr. However when we discuss the District Credit Plan it is more than Rs 1000 crores 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 banks 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.

Earlier, Zonal Head Kashmir-I Tasaduq Hussain Dar welcomed and thanked the district development commissioner, chairman and other dignitaries for sparing their valuable time for the event.

The presence of Chairman in any function is always encouraging not only for the staff but also for the people of the area we serve. Today we reiterate our commitment to serve the people of this zone with dedication and discipline.

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.

Meanwhile, the District Commissioner Pulwama Ghulam Mohammad Dar inaugurated the ATM at DC Office Pulwama complex in presence of Chairman Parvez Ahmed amid a large gathering of customers.

Cluster Head Muzaffar Ahmad Qadiri Kashmir South-I concluded the function by presenting the vote of thanks.

Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.

ACT NOW