Empowerment by employment embedded in our mission: Chairman

Excelsior Correspondent

Srinagar, Mar 8: The much awaited selection list for the position of Relationship Executives (RE) in Jammu and Kashmir Bank has been declared today.
The applications for these vacancies were invited in March 2015 and around 50000 aspirants had applied through the prescribed online process. Around 3000 qualified the online written examination which was conducted across various centres in the State during the months of August and September 2015.
The qualifiers were later screened by the expert committee for personality evaluation test and on culmination a total of 350 have made it to the available vacancies of REs in the Bank. Another 1250 of the remaining candidates in their order of merit have been offered available vacancies in the Banking Associate cadre.
J&K Bank Chairman and CEO, Parvez Ahmed while congratulating the selectees, welcomed them to their new and very responsible beginning in life. Acknowledging the enthusiasm and brilliance of remaining aspirants, he wished that he was able to recruit them all, but for the limited number of vacancies available at present; he could not fulfill the wish.
Commenting on the inordinate delay in announcing the results for these posts, Parvez said that it was unavoidable and nobody would have otherwise wished it, that too when the careers of our educated youth were at formative stage. But due to unavoidable circumstances emerging out of prevailing economic scenario and challenging times for the Bank, recruiting the people was not in tune with the industry practice and regulatory guidance. Parvez further hoped that the hence selected new entrants in the Bank shall form the future Brand of the banking industry.
Deliberating upon future plans of the Bank, he displayed optimism about the turnaround of the bank in near future after consecutive previous loss periods and some more similar anticipated future estimates as well. He informed that bank was strategically contemplating to take branch count to around 2000 from present 875 by mostly opening new branches in State of Jammu and Kashmir under its ambitious digitally driven financial inclusion programme which shall enable the bank recruit around 4000 banking associates in next two to three years. The ATM numbers are also expected to reach 2500 levels during the aforesaid period.
Notably, such ambitious network expansion plan is in conformity to Chief Minister’s desire remarked in a recent function held at SKICC. The Chief Minister had desired the bank to expand its footprint in the State to bring people at the grassroot level under the ambit of formal financial system through the modern digital banking services to trigger socio-economic upliftment of the masses.


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