J&K Bank inks MoU with NIT Srinagar, inaugurates refurbished Business Unit, 2 ATMs

J&K Bank Chairman and others on the occasion of signing of MoU with NIT Srinagar.
J&K Bank Chairman and others on the occasion of signing of MoU with NIT Srinagar.

Excelsior Correspondent

SRINAGAR, Apr 23: Strengthening further its long-standing association with National Institute of Technology (NIT) Srinagar, J&K Bank under its Corporate Social Responsibility (CSR) program, today commissioned a water treatment plant at NIT Hazratbal. The bank also donated 60 Uninterrupted Power Supply (UPS) units for computers donated by NIT to five Government schools, thus contributing to computer literacy in the State.
Chairman and CEO Parvez Ahmed and Director NIT Dr Rakesh Sehgal jointly commissioned the treatment plant besides inaugurating the refurbished premises of the bank’s model Business Unit within the campus along with two Automated Teller Machines (ATM) in the presence of Registrar NIT Dr S K Bukhari and the bank’s Executive President R K Chhibber.
Speaking on the occasion, Parvez Ahmed urged the NIT Director and faculty to develop an ecosystem of Industry academia partnership for integrating the education with the skills. “A lot of brainstorming needs to be done on issues like Integrating Education with skills in almost all the sectors like Software, manufacturing, services etc and for that I would like to request the NIT Director and Team to show the way by collaborating with the major industries of the country in all the sectors and we at JK Bank will be more than willing to collaborate financially and logistically as it will also help us in clearing the perception about our State,” he added.
On the occasion, the Chairman also announced the donation of Ambulance to NIT for student welfare besides promising to institute J&K Bank Gold Medal for recognizing the Achievers of NIT Srinagar in the near future.
Director NIT Prof Rakesh Sehgal hailed the socially empowering and collaborative vision of the Bank leadership. He commended the bank’s contributions towards society especially educational institutions,
The occasion was marked by the signing of a Memorandum of Understanding (MoU) with the institute, which was signed by Registrar NIT S K Bukhari and Zonal Head Kashmir Central-I Tabassum Nazir, wherein the bank conferred the Most Favored Client status to the NIT. Vice President Strategy & IT, Sushil Kumar Gupta Cluster Head Fayaz Ahmad Malik, and Head Business Unit NIT, senior faculty members of NIT and other senior officers of the bank were present on the occasion. Consequently, NIT has declared J&K Bank as a preferred Banker for its exclusive dealings regarding all banking related services. Jan Mohammad Sofi Head of the Business Unit NIT presented the vote of thanks on the occasion.