Excelsior Correspondent
Srinagar, Nov 21: People of the State along with their trade and economy remain our fundamental strength as a bank and we remain committed to support them and their development in every possible way within the prescribed framework of regulations. Regarding the re-structuring of loan accounts whatever flexibility we are able to get from the system shall be extended to our customers.
J&K Bank Chairman and CEO Parvez Ahmed stated this today at a meeting with the delegation of Kashmir Traders and Manufacturers Federation (KTMF) led by its President Mohammad Yasin Khan that called on Chairman here at the bank’s corporate headquarters.
The delegation comprised of Federation’s senior vice-president Manzoor Ahmad Bhat, general secretary Bashir Ahmad Kongposh, chief advisor Mohammad Aslam Mattoo, chief organiser Farooq Ahmad Shah, media head Farhan Ji Kitab and district presidents of Anantnag, Kulgam, Ganderbal, Bandipora, Budgam, general secretary Baramulla, secretaries Bandipora, Ganderbal and treasurer.
Earlier, KTMF president Mohammad Yasin Khan said, “We are here particularly to plead for restructuring of our loan accounts as last five months have brought all the businesses in the valley to a grinding halt. Although, we have already taken up the case of loan re-structuring with the State Government and are engaged with other stakeholders on the issue. We have requested for the interest waive-off to the relevant authorities also”, he added.
Thereafter, the various office-bearers of the trade body raised various issues regarding staff shortage, installation of ATMs at certain places, swelling charges etc.
Chairman Parvez Ahmed responded to each of the issues in detail.
Sounding tough on the issue of customer services, he said, “There will be no compromise on the personal dignity and respect of our customers.”
He further said, “Since we are more focused this time on the issue of re-structuring, recruitment list will be finalised soon. Steps will soon be taken for commissioning of ATMS but only after proper survey of the places mentioned for such installations.”
Regarding the hike in insurance premiums, he said, “Although premiums are related to the risks involved, which have grown considerably after floods and current unrest but we will certainly take up the issue with our insurance partners and press for fairness and better rationalisation.”
Besides, the Chairman directed the entire senior-management present on the occasion to listen to all the valuable suggestions and inputs given by the members of delegation and incorporate these to make the system more vibrant and efficient.
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