Excelsior Correspondent
Srinagar, Oct 26: J&K Bank has played a key role in economic development of all the regions of the state of Jammu and Kashmir. A large network of business units and ATMs across the length and breadth of state speaks volumes as to how deeply this proud institution of the state is connected with the people of the state.
This was stated by Nawang Rigzin Jora, Minister for Urban Development and Local Bodies, while speaking at a function of the Platinum Jubilee celebrations in Leh.
Congratulating the bank on its Platinum Jubilee, Jora while appreciating the progress of the bank said, “Bank has touched lofty heights over the decades especially during the past 25 years. Comparative facts and figures speak volumes about the journey of progress the bank has made since its golden Jubilee year”, he said.
Hailing Bank’s role in generating direct as well as indirect employment opportunities for the youth of the state, Jora lauded the Bank for being main source of employment in Ladakh.
While appreciating the leadership qualities of Mushtaq Ahmad, Chairman & CEO, J&K Bank, Jora said, “Present Chairman has brought more humility and a sense of responsibility in this flagship company of the state. Since he understands the system and has a vast experience in the field of banking, most of the best things in the history of J&K Bank have happened during his term”.
Earlier in his welcome address, Mushtaq Ahmad, Chairman & CEO, J&K Bank said that the unflinching support and trust of people of the state has been the main force behind surpassing targets and achieving milestones. State Government’s patronage and support has contributed a lot in making this institution what it is today, he said.
The Chairman also informed the gathering that the Bank is planning to explore the possibility of taking various people-friendly initiatives under its Corporate Social Responsibility. “We have taken some initiatives in the past but we are contemplating to widen the ambit of our CSR activities in this region”.
The function concluded with a vote of thanks by Abdul Hamid Banday, Bank’s Executive President.