Srinagar, Dec 23: Canara Bank on Monday organized a dynamic and interactive Business Meet here at SKICC, bringing together business leaders, entrepreneurs and key stakeholders.
The event aimed to foster collaboration and explore growth opportunities in the region, reinforcing the bank’s commitment to supporting the local business community.
The meeting was attended by prominent industry figures such as Javaid Ahmad Tenga, President of the Kashmir Chamber of Commerce and Industry (KCCI), Himayoun Wani, Co-Chair of PHDCCI Kashmir, and Syed Niaz Ahmed Shah, Chairman of FTII, among others. These industry veterans shared insights and discussed opportunities for growth and partnership with Canara Bank.
The session began with a warm welcome address by Prashant Kumar, Assistant General Manager of Canara Bank, who highlighted the bank’s dedication to promoting economic development in the region. “Our goal is to provide a robust financial ecosystem that supports businesses and drives sustainable growth,” he said.
A special video presentation showcased Canara Bank’s journey, tracing its establishment in 1906 to its current status as one of India’s leading financial institutions. The video underscored the bank’s commitment to innovation and its role in fostering economic progress.
Manoj Kumar Das, General Manager of Canara Bank, gave the keynote address, outlining the bank’s vision and strategies to cater to the evolving needs of the business community. “Financial partnerships are key to mutual growth, and Canara Bank is focused on empowering businesses with the resources they need for success,” he said.
The event also featured an open discussion session, where business leaders and industry representatives shared their insights, concerns, and suggestions on how Canara Bank can better support local businesses. This session provided valuable input on addressing the challenges facing businesses in the region and exploring new avenues for growth.
Following this, Abrar Ul Mustafa, Manager at Canara Bank, presented the bank’s Business Loan and MSME Products, which are tailored to meet the needs of local businesses and entrepreneurs.
Reflecting on the success of the meeting, Manoj Kumar Das said, “The meeting was highly productive, bringing together the top 30 business leaders and representatives from various industry and trade associations in the valley. The focus of the discussions was on MSME financing, a key factor in driving economic growth, as well as addressing the challenges that businesses are currently facing. We also took the opportunity to share details of our schemes with the participants. Canara Bank is committed to playing an active role in supporting Kashmir’s development and fostering the growth of MSMEs and entrepreneurs in the region.”
Ashiq Hussain Shangloo, Senior Vice President of KCCI, appreciated the bank’s efforts to address the concerns of the local business community. “We hope Canara Bank will take our feedback into account and assist in overcoming the challenges that businesses are currently facing,” he said.
Himayoun Wani, Co-Chair of PHDCCI Kashmir, called the event a productive interaction, emphasizing the need for liberal financing for MSMEs. “Canara Bank’s promising schemes will play a crucial role in funding new ventures, and we trust they will continue to support entrepreneurs with flexible financial solutions,” he added.
The event concluded with a formal vote of thanks by Owais Javed, Branch Head of Canara Bank’s Srinagar Main Branch, who expressed his gratitude to the participants for their time and contributions. He also encouraged the attendees to explore Canara Bank’s tailored financial products, which could help them achieve their business goals.
Following the formal proceedings, a networking lunch was held, providing further opportunities for discussions and idea-sharing among business leaders and Canara Bank executives. The session enabled participants to build connections, exchange insights, and explore potential collaborations, reinforcing the overall aim of fostering a thriving business ecosystem in the Valley.
