SRINAGAR: JK Bank’s top officials interacted with the members of JK Fruits and Vegetables Processing and Integrated Cold chain Association (JKPICCA) and Industrial Association Lassipora, and the bank was appraised of various issues faced by stakeholders of the industry.
The interactive session organised by Industrial Association Lassipora was attended by dozens of entrepreneurs led by President Cold Stores Association Majid Aslam Wafai.
The representatives of Industrial Association Lassipora were led by its president Haji Muzaffar at Industrial Growth Centre, Pulwama.
According to Wafai, the top officials of Bank were apprised about the various difficulties in banking especially, high rate of interest, high processing charges, delay in renewal, reduction in margin money and too high collateral requirement.
While hailing the JK Bank MD and CEO Baldev Prakash for giving a patient hearing to unit holders, Majid Wafai said, “Our successful journeys are synonymous with JK Bank. Our units wouldn’t have happened had there not been financial support from J&K Bank,” he said, adding that JK Bank has been a backbone for the first generation entrepreneurs.
“The bank has guided and supported us in setting up these units. It gives us heart and hope that our mentoring financial institution has embarked on path of renewed success and profitability,” he said.
On the occasion, MD & CEO assured the participants of Bank’s continued patronage and handholding to industrial sector within regulatory norms.
“We value your association because your progress adds to our growth as well. Therefore, we continue to take measures aimed at ease and comfort of doing business for our entrepreneurs,” Baldev Prakash said.
