Parvez Ahmed lays foundation stone of J&K Bank complex

Excelsior Correspondent
SAMBA, May 4: J&K Bank Chairman and CEO Parvez Ahmed today laid the foundation stone of the bank’s complex at Industrial Growth Centre, Samba, in presence of the Deputy Commissioner Samba, SSP Samba, Vice Presidents of the bank, officials of SIDCO and leading industrialists of the IGC Samba besides prominent citizens of the area.
J&K Bank complex will house a state-of-the-art Industrial Business Unit exclusively to serve IGC, a fully Wi-Fi enabled ambiance, full-fledged Cluster Office for quick delivery of credit to the industry, an e-lobby with multi-media facility and a spacious hall to provide corporate customers an exciting space for interaction.
Speaking on the occasion, Parvez Ahmed said, “There is a correlation between infrastructure and industrial development which provides a strong rationale for the concentration of industries and allied sectors in special zones offering easy value addition and enabling prompt service delivery. And we view the industry as one of the significant customer basis towards which we have always remained proactive in providing the best services.”
“The bank has enhanced its engagement with the local industries manifold in the recent past by directing the flow of credit to productive sectors of the state. And we believe this multi-purpose complex in the heart of Industrial Growth Centre Samba will be the most relevant, timely presence in the area and shall go a long way in cementing the relationship further between the bank and the industries. Through our dedicated offerings here, we shall be able to serve you instantly and enhance our partnership in the growth of industrial units in Samba”, he added.
The Deputy Commissioner Samba Rajinder Singh, requested the Chairman and CEO JK Bank to open few more branches in some rural pockets of the district to improve the banking penetration in the district.
On this, the Chairman issued on the spot instructions to the Zonal Head Kathua to prepare a feasibility report for opening of more business units in consultation with DC Samba within a period of one month and assured the gathering that the bank will take all possible steps to improve the outreach of the bank in under banked areas.
Meanwhile, responding swiftly to the news item regarding fraudulent withdrawal of money from the customers’ accounts at the bank’s B/U Dada Ompora since 2014, the J&K Bank has put four of the suspected officials under suspension.
According to the Chairman, “The disciplinary proceedings have been initiated and the culprits will be dealt sternly as per  the bank’s guiding framework, which is comprehensive enough to take care of all such acts of omission and commission.”
The Chairman further  assured that the bank would be thoroughly investigating the matter to ascertain and verify the genuine claims of the customers and settle them to their entire satisfaction soon.