KL Report

JAMMU

Chief Minister, Omar Abdullah has asked the Jammu and Kashmir Bank to rollout a vision of achieving new goals and touching new highs in the next 25 years of its journey towards centenary year in the service of people.

Congratulating J&K Bank for its success story of growth and development during the last 75 years, Omar Abdullah said that the Platinum Jubilee celebrations of the Bank provide an opportunity to its Management to dream and outline a vision for the march of the Bank in next 25 years.

“You have to think of laying national and international footprints and rollout a vision for the futuristic goals and objectives for the Bank right now so that the Bank would move ahead accordingly and achieve the targets to be fixed for the centenary year to celebrate”, the Chief Minister said and added that the growth story of achievements of the Bank has been appreciable and praise worthy but it is not enough that the Bank will rest on laurels it has achieved because in the story of growth and achievements there is no fixed high point. He asked the Bank to continue its march on roads to progress and development with commitment and added enthusiasm under a visionary document of development and public service to be put in place now for the next 25 years.

Speaking at the valedictory function of Platinum Jubilee celebrations of Jammu and Kashmir Bank at Zorawar Singh Auditorium Friday in which Governor, N. N. Vohra was the chief guest, Omar Abdullah said that celebrating centenary celebrations by an institution is often possible and many institutions have achieved this and more unlike human beings. He said though, the present Management at the helm of affairs in J&K Bank may not be in service of the Bank at its centenary celebrations but they can lay out a vision for the futuristic Chairmen and functionaries of the Bank to realize new goals.

The Chief Minister also emphasized the need for identifying and fixing short term targets particularly for lending in the priority sectors including agriculture, entrepreneurship development, small farmers, traders, artisans, young persons, etc. He asked the Bank also to realize the goals and targets in corporate sector social responsibilities and maintain the CD ratio.

Omar Abdullah extended best wishes to the Bank and hoped that it will achieve more and more strength in the coming years. The Chief Minister also appreciated the newly designed New Year Calendar of the Bank focusing on J&K Handicrafts Sector.

The Minister for Finance, Abdul Rahim Rather while speaking on the occasion congratulated the Bank for its growth story. He highlighted the progress of the J&K Bank in various fields of its activities and also identified some areas where the Bank needs to further upgrade its activities.

The Chairman of the Jammu and Kashmir Bank, Mushtaq Ahmed in his welcome address presented the historical journey of the Bank and its progress and development during the last 75 years. He also mentioned the Bank’s role in the upliftment and growth of the economy of Jammu and Kashmir.

Present on the occasion among others were Minister for Forests, Mian Altaf Ahmed, Minister for CAPD, Choudhary Mohammad Ramzan and Minister for Law, Mir Saifullah.

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