Excelsior Correspondent
SRINAGAR, Oct 6: J&K Bank today announced the recruitment drive for positions of Probationary Officers and Banking Associates. The bank has announced the recruitment drive in order to support the state centric business expansion and optimization of banks business in rest of India by expanding in the selected areas. The bank has already crossed business of Rs150,000 crore mark.
The announcement is a major relief for unemployed educated youths in the state who are facing limited job opportunities as JK Bank is the second largest employment generator in the state. Currently, Bank is facing shortfall of staff owing to accumulated vacancies impending due to superannuation, resignations and opening of new Business Units over the past year and has been rationalizing staff available to meet immediate needs, said the spokesman.
The spokesperson further stated that the Bank’s Board is contemplating Campus Recruitments in all leading Institutions across the state besides other measures to induct meritorious and talented youths in a fair & transparent manner to meet the immediate shortfall in its manpower.
Interacting with the media, the Chairman and CEO of Bank Parvez Ahmed who successfully completed two years in Bank Leadership said, “The Bank has successfully undertaken the journey of transformation and turnaround with transparency and resilience at the heart of all policies adopted. The strategic shift in our business model to retail and AAA rated Corporates over the past two years have enabled the bank to cross 150000 crore business mark as on 30th of September 2018 with J&K state business at 105000 Crores. ”
“In our state JK Bank’s mission is to improve the economic profile of our people which can only happen when we improve the credit penetration in the state by lending more in the productive sectors especially to the entrepreneurs. At present only about 10-12% of our population is availing credit facilities from JK Bank and enhanced credit penetration will drive the next phase of our business growth in the near term. We intend to map the whole geography in the state in such a manner that nobody in the state should be travelling more than 5-10 kilometer for availing the banking facilities. This will not only improve deposit mobilization and credit penetration but has also lot of alignment with the vision of the state government to improve the socio economic profile of the people” added Parvez Ahmed.
Notably in a recent meeting held with Governor J&K, Satya Pal Malik, Bank assured its focus on playing a dedicated role in the socio-economic development through credit penetration and employment generation across the state with particular focus on remote areas.
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