JK Bank Aims 1000 Business Units By 2015: Chairman

KL Report


After surpassing targets of Rs one lakh crore business and Rs 1000 crore net profit, J&K Bank has set a goal of 1000 business units by 2015. The bank also envisages massive ATM network expansion.

This was stated by the Chairman and Chief Executive Officer Mushtaq Ahmad during an interactive session with a gathering of customers and eminent citizens of Tangmarg area of Baramulla district.

He has deliberated on the Bank’s earnestness to cover all un-banked and far flung areas in an effort to make the state financially inclusive.

While assigning priority to achieve customers’ delight, Mushtaq Ahmad reiterated focus on the service delivery mechanisms of the Bank and removal of bottlenecks, if any, in the smooth and swift services to ensure customer convenience.

Referring to services offered to the senior citizens, especially government pensioners, the chairman said, “We have sensitized all staff members at the operational front to extend personalized services to the pensioners. Any laxity in rendering services to the customers especially pensioners cannot be tolerated.”

He informed the gathering that the bank is serving to empower every section of society irrespective of their geographic locations.

He highlighted the bank’s support to unemployed youth under the Sher-i-Kashmir Employment and Welfare Programme for Youth (SKEWPY) programme.

“We are sole financers of this largest employment programme of the State and extend loans under MSE sector without collateral security if the loan amount falls within Rs.10 lacs. We provide Credit Guarantee cover to the borrowers free of cost. The bank even pays the fee”, he said.

The chairman asked the customers to come up with their feedback. “Any communication is incomplete without feedback. It helps us to remove bottlenecks, wherever, in our services. So, customers should not shy away from giving feedback. It is a big favour to us,” said the chairman.

Earlier, the chairman inaugurated state-of-the-art premises of the Bank’s Tangmarg business unit in presence of Executive President Parvez Ahmad, Presidents Abdul Rouf Bhat, M S Wani, Nayeemullah and Zonal Head (North) M S Kaboo.


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