SRINAGAR, Sept 8: J&K Bank would be contemplating a comprehensive financial inclusion plan to bring entire population of Rajouri district into the formal banking system. For this, the bank would be establishing Ultra Small Branches (USBs) in the every nook and corner of the district.
This was stated by the J&K Bank Chairman & CEO, Parvez Ahmed, on the occasion of inaugurating the Bank’s two business units (Branches) and four ATMs in the Western Zone of the J&K State.
The Chairman inaugurated the Bank’s new Business Unit (Branch) at Shahdra Sharief, Rajouri. The inauguration was performed in presence of Administrator Auqaf Shahdra Sharief, Abdul Qayoom Dar, the Bank’s Executive Presidents P K Tickoo & R K Chhibber and prominent citizens of the area.
Speaking during an interaction after inauguration, Parvez Ahmed said,” We deem it our responsibility to serve each and every last mile customer of our State in addressing their financial needs and most essentially in supporting livelihood activities which can usher financial prosperity in their lives. We are committed to expanding our presence in the entire Rajouri district.”
The bank would be undertaking various Financial Literacy Campaigns here to help people embrace banking and various products and services, said the Chairman.
Later in the day, the Chairman at Shahdra Sharief also electronically inaugurated a branch at Bus Stand Mendher besides four ATMs at Degree College Mendher, Behra Mendher, Balakote Mendhar and Marhote Surankote for the convenience of the people of the area.
In his welcome address, the Administrator Auqaf Shahdra Sharief hailed the Bank’s initiative to establish the branch for offering door step banking services to the devotees, business establishment and inhabitants of the villages around the shrine. The bank’s branch he added will help address the cash and other financial needs of large number of pilgrims visiting Ziyarat Shahdra Sharief and would also help the administration in cash management of shrine funds.
Meanwhile, while paying obeisance at the holy shrine of Hazrat Baba Ghulam Shah Badshah. the Chairman hailed the initiatives of the Auqaf in establishing Baba Ghulam Shah Badshah University as a major step towards imparting quality education in the district. He further said that Bank will explore all possibilities to facilitate the Shrine Administration for improving the healthcare services in the area.