Jammu, Dec. 23: General Manager of J&K Bank’s Credit and Business Operations Sunit Kumar Monday said that the bank is committed boost the industrial growth and employment in the UT.
A statement issued here said that during a meeting with the PHD Chamber of Commerce and Industry (PHDCCI) Jammu region (chapter), Kumar reiterated the bank’s commitment to support the industrial sector in Jammu and Kashmir.
He emphasized the bank’s efforts to provide liberal financing and create more employment opportunities through strategic support for local industries.
Kumar assured the delegation that the bank would take proactive steps to expedite financing processes, introduce new technologies, and design customized schemes based on entrepreneur needs to further enhance the J&K’s industrial development.
Kumar listened each and every point of the delegation patiently and assured that sympathetic consideration will be given to each and every point. He assured that the Bank will leave no stone unturned for the development of the industry in the Union Territory stating that the system is very fast as far as financing and other activities of the bank are concerned.
Rakesh Wazir chairman of (PHDCCI) while speaking on the occasion said that presence of J&K Bank can be judged from the fact that when “we talk about banking in J&K, particularly in rural areas, people relate it to J&K Bank only.”
“J&K Bank has played its role magnificently well and I hope the Bank will continue its legacy by offering liberal financing to industries,” Wazir said.
He further said that Competitive Interest Rates on loans, reduced Commission Charges on EFTPOS machines, tailor-made financial schemes designed to cater to the specific needs of entrepreneurs is the need of the hour and Bank should focus on it.
Executive Committee members Sahil Aggarwal, Shashi Thakur, Deputy Resident Director Kartik Singh, Zonal Head Udhampur and Reasi districts Vinay Gupta and Cluster Head Reasi district Raman Sood were also present on the occasion.
