2 JK Bank BUs inaugurated

Excelsior Correspondent
Srinagar Dec 5: Pushing deeper into rural pockets of the State, J&K Bank opened two more Business Units (BU) at Nopora and Hafroo villages in Chadura, Budgam.
State Finance Minister Abdul Rahim Rather inaugurated the units in presence of Bank’s President and Zonal Head, Kashmir (Central) Bashir Ahmad Lone, Vice President Viqar-ul-Mulk Nazk and Deputy Commissioner Budgam Khurshid Ahmad amid a large gathering of people. Cluster Head of the bank Abdul Hamid Khan and incharge, Marketing Kashmir Central M AWanchoo were also present on the occasion.
The Finance Minister distributed loans sanctions under Differential Rate of Interest (DRI) scheme among dozens borrowers on the occasion.
Speaking on the occasion, Mr Rather said, “J&K Bank has proved itself to be the Bank of the people, from the people and for the people of State.”
Empowerment of people flows from their economic well-being and this Bank has been persistently following its mission of improving the financial conditions of this society since more than seven decades of illustrious journey, he added.
Earlier, in his welcome address, Bashir Ahmad Lone, reiterated the Bank’s commitment of empowering the people of the State through complete financial solutions irrespective of their location and status.