Like our Facebook Page

Early Times Newspaper Jammu, Leading Newspaper Jammu
Breaking News :   Div Com Jammu for replacement of polythene by handloom products | CIS organizes programme on "Health is Wealth" | Taekwondo National Referee seminar-cum-refresher course concludes | Jindrah skaters distributes stationery at Kotli Shah Doula | Zone Gandhi Nagar wins both U/14 & 17 Yrs Boys Cricket Final | SIPS organizes one day workshop | PMJ irked over objectionable poster in social media | Red Cross kicks off 3-Day First Aid Training for CRPF | BJP workers celebrate victory of NDA | Raking Balakot instead of Pulwama cost dearer to opposition : Omar Abdullah | Peddler arrested by PS Nowabad, heroin recovered | Interaction with retired Police personnel held | BBIA demands exemption of excise duty on industrial chemicals | Governor greets Nahida for scaling Mount Everest | Placement drive held at MBSCET | NPS school Rajouri felicitate toppers | Jammu, Ladakh again pin faith in PM Modi | After worst ever rout, PDP to remove senior leaders from top posts | PDP losing all 3 seats in Kashmir puts party in quandary | Fed up with terror Kashmiris want restoration of peace, normalcy | Heated argument witnessed between NC, PC candidates in Baramulla during counting of votes | PCB miserably fails to implement SWM rules | Munish Gupta to contest Assembly polls from Gandhi Nagar constituency | NC bags all three parliamentary seats from Kashmir | Akbar Lone of NC wins Baramulla LS seat by 31,000 votes | NC to form next government in J&K on its own: Rana | Action plan for conservation, development of medicinal plant sector in JK discussed | Top commander Zakir Mussa killed in Tral encounter | Grenade attacks in Srinagar, Awantipora, two civilians injured | PDP leaders avoid workers | Swachh Bharat Mission fails to improve sanitation | On court order, pregnancy of minor rape victim abrogated | People voted for courageous leader: Jugal Kishore | Jammu, Ladakh goes to BJP | Restrictions imposed on indiscriminate road cutting, digging | Advisor Skandan reviews performance of KVIB | Advisor Ganai interacts with deputations, individuals | Advisor Sharma discusses establishment of Nanosciences centre in Kashmir | Court rejects bail in minor's kidnapping case | Take appropriate action in suspension cases: HC to CS | Hopefully new govt at Centre will do justice with State: Farooq Abdullah | Amarnath Yatra 2019: DDC Ramban reviews arrangements | BJP takes out victory rally in Jammu | ARTO sensitises young drivers about ethical driving | Member NDMA reviews disaster preparedness scenario in Kargil | DG BSF meets Governor | Child Labour awareness campaign held | GM Deptt seizes vehicles involved in Illegal mining | Interstate drug peddler arrested, 250 gms heroine seized | Drive against poppy cultivation, illicit crop destroyed at various places | Missing woman traced from Udhampur | Absconder arrested by Police Station Kahna Chak | Bovine smuggling & Drug menace in Jammu region | Election commission of India | Separatists support Indo-Pak peace dialogue | 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
BSE Sensex
NSE Nifty
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
J&K Govt. Official website
Jammu Kashmir Tourism
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
Train Enquiry
Jammu Kashmir Bank
State Bank of India
Passport Department
Income Tax Department
IT Education
Web Site Design Services
Jammu University
Jammu University Results
Kashmir University
IGNOU Jammu Center