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J&K Bank's valedictory function of Platinum Jubilee celebrations
'Banks should focus on farmers, artisans, young entrepreneurs '
1/3/2014 11:16:04 PM
Early Times Report

JAMMU, Jan 3: Chief Minister, Omar Abdullah has asked the Jammu and Kashmir Bank to rollout a vision of achieving new goals and touching new highs in the next 25 years of its journey towards centenary year in the service of people.
Congratulating J&K Bank for its success story of growth and development during the last 75 years, Omar Abdullah said that the Platinum Jubilee celebrations of the Bank provide an opportunity to its Management to dream and outline a vision for the march of the Bank in next 25 years.
"You have to think of laying national and international footprints and rollout a vision for the futuristic goals and objectives for the Bank right now so that the Bank would move ahead accordingly and achieve the targets to be fixed for the centenary year to celebrate", the Chief Minister said and added that the growth story of achievements of the Bank has been appreciable and praise worthy but it is not enough that the Bank will rest on laurels it has achieved because in the story of growth and achievements there is no fixed high point. He asked the Bank to continue its march on roads to progress and development with commitment and added enthusiasm under a visionary document of development and public service to be put in place now for the next 25 years.
The Chief Minister emphasized the need for identifying and fixing short term targets particularly for lending in the priority sectors including agriculture, entrepreneurship development, small farmers, traders, artisans, young persons, etc. He asked the Bank also to realize the goals and targets in corporate sector social responsibilities and maintain the CD ratio.
The Minister for Finance, Abdul Rahim Rather while speaking on the occasion congratulated the Bank for its growth story. He highlighted the progress of the J&K Bank in various fields of its activities and also identified some areas where the Bank needs to further upgrade its activities.
The Chairman of the Jammu and Kashmir Bank, Mushtaq Ahmed in his welcome address presented the historical journey of the Bank and its progress and development during the last 75 years. He also mentioned the Bank's role in the upliftment and growth of the economy of Jammu and Kashmir.
Present on the occasion among others were Minister for Forests, Mian Altaf Ahmed, Minister for CAPD, Choudhary Mohammad Ramzan and Minister for Law, Mir Saifullah.
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