JK Bank signs MoU with CUK, dedicates passenger bus for students welfare

JK Bank Chairman, VC Central University of Kashmir and others during signing of MoU on Wednesday.
JK Bank Chairman, VC Central University of Kashmir and others during signing of MoU on Wednesday.

Excelsior Correspondent

SRINAGAR, May 8: Forging ahead in its mission of Industry Academia partnership for collaborative cross pollination of knowledge and resources J&K Bank today entered into an MoU with the Central University of Kashmir (CUK), whereby both conferred the preferential status on each other in their banker-customer relationship.
The MoU was signed post inauguration of the bank’s ATM in CUK’s Green Campus jointly by the Chairman and CEO J&K Bank, Parvez Ahmed and Vice Chancellor CUK, Mehrajud din Mir in presence of Bank’s Executive Presidents, P K Tickoo and R K Chhiber, President, Rakesh Gandotra, Zonal Head Syed Rais Maqbool, Registrar CUK Dr Fayaz Ahmad Nikka, Director R&D Prof Abdul Gani, Dean Business School Farooq Ahmad Shah, Controller Exams Parveena Pandit.
The Chairman and CEO JK Bank was also felicitated by the Vice Chancellor, who described him as visionary leader of a dedicated and committed team of employees. The VC also offered a piece of land to the bank at the university’s Tulmula Campus for building a full-fledged branch. The bank offered to create a digital lobby at the university’s permanent campus.
A 32-seater passenger bus was dedicated by the Bank for students welfare to the university under its Corporate Social Responsibility (CSR) program.
Speaking on the occasion, the Chairman said, “the core objective of the Central University of Kashmir which is working for the upliftment of the humanity at large is in perfect alignment to the JK Bank’s vision of serving to empower each and every individual for economic upliftment”.
“The signing of the MOU is the beginning of a mutual relationship which goes well beyond business but will also herald a benefice cycle for the students and society in this region by collaborative pooling of resources”, he further said.
The Chairman advised the students about inculcating continuous learning as a way of life for bridging the gap between education and dynamic employability skills. On the challenges before the business leaders he said, “in this era of fast changing world full of uncertainties the companies which do not focus on the well-defined triple bottom line of economic, environmental and social goals simultaneously will be rendered irrelevant”.
The Chairman also interacted with the students from MBA, M.Com and MTM departments of the university wherein in a freewheeling discussion he answered queries on turnaround of the bank, change management, human capital issues and challenges, start up ecosystem, Corporate Social Responsibility, role of fintech, succession planning, continuous learning etc. On the request of the students the Chairman also announced his support for the setting up of an incubator in the Central University of Kashmir.
On the occasion, audio-visual presentations were given on digital banking and products like e-banking, credit card, BHIM Application, multicurrency card besides co-branded Campus Card. The function concluded with Vote of Thanks presented by the bank’s Zonal Head Syed Rais Maqbool.
Later in the day, the Chairman & CEO JK Bank visited the central library alongwith the VC CUK and it was mutually agreed to launch bank’s multi utility RFID enabled campus card integrated for debit cum identity, attendance and library systems in the central University of Kashmir.