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| J&K Bank disburses Rs.2 crore in Rajouri | | | Early Times Report Rajouri, Jan.15- J&K Bank disbursed a hefty sum of Rupees two cores among 88 beneficiaries at a function organized on the sidelines of the concluding day of the 5-day Employment Fair, held at Sports stadium by Department of Labour and Employment here today. Presided over by Shabir Ahmed Khan MOS for CAPD,the function, among others was attended by Jaipal Singh Deputy Development Commissioner, Rajouri and M. A. Khan, J&K Bank Zonal Head (Rajouri – Poonch), Speaking on the occasion Shabir applauded the role of the Bank, under the dynamic leadership of Dr. Haseeb Drabu, in encouraging the practice of self-employment and entrepreneurship. Shabir also hailed the efforts of M A Khan, Zonal Head Rajouri-Poonch in convincing young entrepreneurs to avail Bank’s employment generation schemes. Bank deserves a big applaud for immensely contributing towards economic development of the district ajouri”, he added. “Against an allotted target of Rs 18.00 Crores to J&K Bank in District Credit Plan 2009- 2010, Bank has already surpassed the target by registering a credit disbursement of Rs 19.00 Crores”, Khan revealed. “Besides, 95% of the business in Rajouri stands computerized and in this year 100% computerization of operations shall be achieved”, he added. DDC appraised the gathering about the efforts made by the state administration for the success of the employment fair and also appreciated the role of J&K Bank in the overall development of the district.
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