Jammu and Kashmir has recorded the massive profit of Rs 101.83 crore for half-year ended September 2017 which is spectacular and encouraging. This was disclosed in the Board Meeting held at Corporate Headquarters by the CEO of the bank. He expressed satisfaction on the performance of the bank during the period under discussion.
We are happy to know that this financial year J&K Bank has made substantial profits. We will not go into all technical details listed by the CEO in his address to the Board of Governors. However, we are pleased to say that J&K Bank is among the top banks in the country which has rendered great service and contributed towards the prosperity and growth of capital in the State. Most of the people in the State are happily depositing their money in the bank and the bank gives loans to students, farmers, businessmen and small scale industrialists which ultimately contribute to the growth of the State. The Bank has opened branches in almost all the big cities of the country and even abroad where there is sprinkling of the emigrants from the State. This all augurs well for the prestigious bank. However, we would appreciate very much if the J&K Bank expands largely its contribution towards social reconstruction and development. Since it has managed to earn a good profit, it can invest the profit in productive activities that provide employment to the unemployed youth. It should devise more practical schemes for support to the student community in pursuing their education or training. It should have unique and attractive schemes for the youth in particular and for those who want to learn a skill and become self employed.
Follow our WhatsApp channel