Excelsior Correspondent
SRINAGAR, Aug 8: Our businesses need to keep growing so that we achieve our goals of comfortable and dignified living as a society. For that to happen, we need to join hands and bring more efficiency and transparency to our systems of working both in the institutions and the businesses.
J&K Bank Chairman and CEO Parvez Ahmed made these remarks today during a meeting with a delegation from Kashmir Traders and Manufacturers’ Federation (KTMF) led by its Senior Vice-President Fayaz Ahmad Bhat that called on him here at the bank’s corporate headquarters.
The meeting was attended by Executive Presidents RK Chhibber, PK Tickoo, Presidents Abdul Rashid Sheigan and M Younis Pattoo and other senior office bearers of KTMF.
“Extending our support further in this spirit, we shall soon establish Business Facilitation Centres (BFC) in all the districts of the state wherein the business community will be educated and advised on matters related to finance and banking. Also, there will be separate helpdesks at all these Centres for the filing and submission of a statement like GST, ITR etc.”, he added.
On the occasion, the delegation members put forward their views and voiced their concerns and suggestions.
Responding to the issue of skipped flood-related insurance claims of some of the bank’s borrowers, Chairman said that the bank is in the process of completing a diligent exercise to identify and analyze all the genuine claims, which will be settled soon. “Genuine claims, if any, will be dealt with all fairness and empathy”, he said.
The delegation complained about the poor service and dismal settlement record of Bajaj Allianz, which is the insurance partner of the bank, responding to which the Chairman directed the concerned Executive President to take up the issue strongly with the said company.
Regarding requests for ATMs in several areas, Parvez Ahmed issued an on-the-spot order to the concerned about the installation of ATMs, preferably with a Cash Deposit System at all the required places.
After listening to the personal experience of a KTMF member regarding the occasional incidences of transaction failure while making an RTGS payment, Chairman said, “The issues were already being looked into and the upgradation of the IT infrastructure was underway for all digital platforms to ensure swift and secure digital transactions”.
Follow our WhatsApp channel
