x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Justice For Terror Victim Families | Kathua Administration welcomes first Batch of Amarnath Yatris at Lakhanpur | Yatra of resilience: LG to flag off first batch today after Pahalgam carnage, Op Sindoor | LG visits Yatri Niwas at Bhagwati Nagar, reviews arrangements | LG reviews final preparations | LG chairs high-level meeting, discusses issues of terror victim families | LG flags off fleet of ambulances in Ramban, Anantnag districts | 5 real brothers from Budgam among fraudulently selected candidates | Hope beneath the surface: Govt plans underground hospital in Poonch | ACB catches DDC member red handed | Crime Branch books J&K Bank officers, others for frauds | Back Issues  
 
news details
Chairman JK Bank launches Pension for employees of Grameen Bank
3/27/2019 11:39:42 PM
Early Times Report

Jammu, Mar 27: Chairman & CEO, J&K Bank Parvez Ahmed today launched the pension scheme for the employees of J&K Grameen Bank during in presence of Executive President JK Bank R.K. Chhibber. President JK Bank Sunil Gupta, Chairman Grameen Bank Janak Raj, General Managers Grameen bank and a number of serving and retired employees of the J&K Grameen Bank.
While congratulating the serving and retired employees of the JK Grameen Bank for being brought under the pension scheme the Chairman JK Bank said," I have always affirmed and shared my belief that the human capital is the real strength of an organization which takes the organizations to great heights, both internally and externally, in fact everywhere. And therefore, I believe Pension is the rightful due of the employees who toil day and night to build the institutions and are actually the largest stakeholders and have a right to live a life of dignity and respect post retirement."
He added "Though JK Bank is the sponsor bank of the J&K Grameen bank but I have always believed that JK Grameen Bank is our extended family and as a head of this family the social and emotional well being of the members of the Family is always my priority
" The launch of pension scheme, advised the Chairman JK Bank," puts a responsibility on the serving employees especially the younger generation to redouble their efforts for enhancement of the business of the bank exponentially to improve the profitability on a consistent basis to enable the bank in offsetting the cost pressure on the balance sheet as I am told that in the initial stages pension burden will be borne by the respective RRBs from their working expenses till structured pension funds are created as per the provision of the Pension Regulations."
"I am sure the kind of young and vibrant manpower inducted in the Grameen Bank in past few years the Bank is capable of generating sufficient resources by enhancing the banking business, sale of third party products to strengthen the other income and effecting recovery of the stuck funds of the Bank in NPA."On the occasion the Chairman JK Bank also announced setting up of a distress fund for medical emergencies of the retired employees of Grameen Bank.
Executive President, J&K Bank RK Chhibber said that the launching of pension scheme for JKGB employees will act as a catalyst for the morale of employees and, thereby, making them deliver their best for their organisation.
Earlier Janak Raj Chairman, J&K Grameen Bank welcomed the Chairman & CEO, J&K Bank and other dignitaries and thanked them to spare their valuable time for launching "Pension scheme for the employees of J&K Grameen Bank". Sunil Gupta, President, J&K Bank, Mohammad Ayoub Khan, GM ROK, JKGB Vipan Gupta, HOD FIID, JKGB K.L. Sharma, HOD HRDD, JKGB also spoke on the occasion.
  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