Excelsior Correspondent
JAMMU, Oct 31: Expanding its network to facilitate investment services other than banking to the people of region, Jammu and Kashmir Bank Financial Services Limited (JKBFSL)–a wholly owned subsidiary of J&K Bank today threw open a new branch here at Janipur.
J&K Bank Executive President Sunil Gupta inaugurated the new branch in presence of bank’s Zonal Head Sunit Kumar, Managing Director JKBFSL Muzaffar Wani, and its CFO Pankaj Gour and senior officers of J&K Bank and prominent customers of the area.
The latest addition takes number of J&K Bank FSL branches to 12, with half of them in Jammu.
On the occasion, the company also launched a product named ‘Gold ETF My SIP MY Choice’ that has been customized to meet the expectations of customers in the season of festivities.
Executive President Sunil Gupta asserted that J&K Bank–the parent company of JKBFSL–would use its huge network of business units to help the company make the services available to the wider sections of population especially in semi urban and rural areas of J&K and Ladakh UTs.
“It is encouraging to see that conscious of J&K Bank’s social and financial commitments, JKBFSL is diversifying its product portfolio to provide tailor made solutions to the investment needs of our customers,” he said.
On the occasion, MD JKBFSL Muzaffar Wani gave an overview of features of the newly launched ‘Gold ETF My SIP MY Choice’ product.
The function concluded with vote of thanks presented by the Territorial Head of the Company Somdutt Sharma.