J&K Bank bids farewell to RBI Regional Director

SRINAGAR: J&K Bank organized a farewell for Regional Director RBI Nitya Kishore Sahu, who is superannuating on September 30, 2017. Chaired by the bank’s Chairman and CEO Parvez Ahmed, the function was attended by the bank’s Executive Presidents, Presidents and Vice-Presidents.

Sahu took over as the Regional Director last year in June. Prior to his posting at Jammu, Sahu was Chief General Manager and Banking Ombudsman for the States of West Bengal and Sikkim.

JK Bank CEO and Chairman Parvez Ahmad bidding farewell to RBI Regional director in Srinagar on September 29, 2017. Pic JK Bank

“The essence of this get-together is a humble acknowledgment of N K Sahu’s great support to us throughout our association,” Parvez Ahmad said. “While discharging his duties as the Chief Representative of the regulator in J&K, he never compromised on professional commitments and meanwhile mentored the Banks operating under his supervision in undertaking day to day challenges. Mammoth task of Demonetization of SBNs would not have been an exceptionally smooth affair in our State without his guidance and support.”

The chairman further said that the special restructuring package extended to state borrowers by the RBI was the hallmark of his compassionate approach towards the state and its subjects.

On the occasion, N K Sahu said, “I will never forget my tenure in J&K for the love and affection which I got from every stakeholder, especially the J&K Bank.”

He appreciated the passion of the J&K Bank while discharging its obligations towards the society that too in line with the regulatory guidelines. “Their approach to the problems of any nature and resolving the issues in most amicable manner is laudable. I appreciate it. Besides, I must say that the way J&K state level bankers committee meetings are conducted and problems are  solved, is commendable,” said Sahu. Precisely, he described J&K Bank as a wonderful success story in the landscape of banking from J&K state.

He gladly offered himself to the bank for any kind of free guidance/consultancy on any matter related to the banking.


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