x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Importance of Co-curricular Activities in Colleges | Jammu & Kashmir’s MSME Sector: A Path to Sustainable Growth | Why is there no space for childhood in newspapers? | DPAP Turns Irrelevant | Doda Police traced out missing person, reunites with his families | One day district level workshop on Panchayat Advancement Index held | Committee on Privileges holds meeting in Srinagar | DLSA organizes One- Day capacity building programme | DC Doda chairs DLIC meeting to approve 66 cases under Mission YUVA | J&K people know Pak is their biggest enemy: LG Sinha | LG reviews progress of Pradhan Mantri TB Mukt Bharat Abhiyaan | Undeterred by threats, devotees flock to Amarnath, one lakh complete journey in 6-days | Swift Police action helps recover elderly Amarnath pilgrim’s bag | E-comm platforms, online payments services being abused for terror financing: FATF | Anti-Constitutional: Farooq Abdullah on revision of electoral rolls in Bihar | CRPF Chief reviews Amarnath Yatra security | 2 held for unauthorised excavation at graveyard | Schools reopen after summer break | 6 drug peddlers held with heroin | Vishwa Yog Sansthan organizes plantation drive in Jammu | Dy CM conducts surprise inspection of CE R&B, PMGSY offices | Jammu police restores Rs 62 lakhs to Hyderabad complainant in landmark case | Devyani Rana assures public on 2nd Toll Plaza in Nagrota Constituency | SSP Kishtwar holds crime review meeting of sub-division Kishtwar | Arvind reviews healthcare upgrade plans at SDH Sarwal | Rana felicitates officials of Wildlife Department at Dachigam | Electoral reforms can't be called Unconstitutional: Kavinder | Satish Sharma launches Kashmir Super League 2025 | Employee under-trial, in a criminal case, is not entitled to salary: HC | Chief Judicial Magistrate sentence six month imprisonment in eve teasing case | Indian Navy signs contract with BEL for implementation of NMDA Project | Puneet Mahajan, meets renowned social activist Sandhya Dhar | MLA Dr. Rameshwar initiates first-ever Hari Prayag Khumb Mela at Bani | DLIC Kupwara approves 72 cases under Mission YUVA scheme | Drug peddler arrested by Udhampur Police | DC Baramulla reviews progress under Capex Budget 2025-26 | JKEDI concludes MDPs in 4 districts, trains 81 entrepreneurs under RAMP | Awareness camp under BBBP held at Hermain Shopian | FVSc and AH, SKUAST-J celebrates World Zoonoses Day- 2025 | Special Lok-Adalat for MACT & Matrimonial Cases on July 26 in Kulgam | DLIC approves 59 cases under Mission Yuva scheme in Ganderbal | The Chatter Box to host Insane Comic on 13th July in Jammu | JU's Bhaderwah Campus unites Global Experts in Ladakh to Address Climate Crisis in the Indian Himalayas | Deepti Sharma rises to 2nd in ICC WT20I rankings, in touching distance of top spot | Govt GLDM Degree College, Hiranagar Featured in "INTACH VIRASAT" Magazine | Central University of Jammu signs MoU with Government Medical College | Desh Bhagat Global School Shines at The Educator Pinnacle Awards-2025 | MCM's Hindi Department fosters literary excellence and cultural pride | Tennis players regularly handle pressure that's comparable to India's WC games vs Pak: Kohli | Back Issues  
 
news details
J&K Bank plays a very important role in economic development of state: Principal Secretary Finance
5/16/2019 9:45:40 PM
Early Times Report
Srinagar, May 16: "J&K Bank plays a very important role in the economic development of J&K state and the economic prosperity of the state is interwoven with the financial soundness of the J&K Bank stated
Principal Secretary Finance, J&K Government, Dr Arun Kumar Mehta (IAS) after inaugurating the Bank's relocated Treasury Operations Centre from Mumbai to a the state of the art premises in the Srinagar; in presence of the Chairman and CEO, J&K Bank Parvez Ahmed, members of the Bank's Board of Directors, Bank's Executive Presidents and Management team of the Bank.
It is an instrument of financial management in the state and this bestows a great responsibility on the J&K Bank team.. He congratulate the Bank for registering excellent profit growth for the last fiscal and we would like to see J&K Bank as one of the best banks in the country in future".
The Principal Secretary also advised the Bank to aim for improvement in the risk profile of the Bank besides decreasing the NPAs keeping in view the systemic importance of the Bank in the state. He urged upon the operational staff to work passionately, simultaneously moving up the ladder of knowledge acquisition & capacity building besides living up to the huge trust reposed by the people in J&K on the bank.
Speaking on the occasion, the Chairman Parvez Ahmed said," The advancement of information technology has made geographies irrelevant and with latest IT infrastructure it is possible to seamlessly operate Treasury Operation from anywhere in the country. Considering this fact, the decision of shifting the Treasury to Corporate Headquarters was taken so that better control, fast decisions coupled with a stable pool of resources would ensure transformation and evolution of Treasury into a vibrant profit making centre."
Thanking the Principal Secretary Finance and other members of the Board for their constant support and guidance in bank's endeavours, the Chairman highlighted the critical role of the treasury towards realizing the Bank's Vision-2022 by amplifying its profits besides enabling it to retain a stable pool of resources, made possible by its shifting to Srinagar.
Momentos were presented on the occasion to retired presidents Fazl e Mehboob Gani, Mohammad Amin Mir, retired vice presidents Gulam Ahmad Bangroo, Bashir-ul- Islam, Mohammad Sultan Kaboo, Mushtaq Ahmad Mir, Aftab Ahmad Qazi, Khurshid Ahmad Fazili and retired AVP Mohammad Shafi Sheikh by Principal Secretary Finance.
Stressing on the importance assumed by the Treasury in terms of the commodities and assets, Executive President P K Tickoo dubbed working in it as a "coveted assignment" while as Executive President R K Chibber urged the staff to come to the expectations of the management in helping it achieve the desired targets.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU