Excelsior Correspondent
SRINAGAR, Aug 30: A team of Kashmir Chamber of Commerce and Industry met the Chairman/CEO of the J&K Bank and took up the issues related to trade and industry besides general public.
Led by its president, Abdul Hamid Punjabi the members during interaction with the Chairman of the Bank Mushtaq Ahmed pointed out that CD ratio in Kashmir was lesser as compared to other states of the country. Mr Punjabi also took up the issue of Dastkar Financing Scheme and CGFS/ECG schemes with the Chairman, who assured that he would revisit the models presented by the KCC & I in 2008 to make DFS scheme a success.
Regarding revival and rehabilitation measures for the industrial units which suffered losses / damage during the past twenty years of unrest in Kashmir the Chairman assured that that sick industrial units identified by KCC&I for revival shall be examined. Mr Mushtaq also assured that the relief package for different customer segments across the State which included reduction in rate of the interest will be given due consideration.
The issue of investment insurance scheme and repayment of loans was also taken up with the JKB Chairman by the Chamber team. Others who accompanied included Sheikh Ashiq Mushtaq senior vice president, Mushtaq Ahmed Wani secretary general and Sayed Musadiq Shah treasurer.
Trending Now
E-Paper
Follow our WhatsApp channel