Reaching out to the people living in far off areas in the Kashmir with world class banking services, Jammu & Kashmir Bank (J&K Bank) opened two new Business Units at village Achan in Pulwama and Dehwathu in Anantnag. At the opening ceremonies of both the business units, large number of valuable customers, senior citizens, traders and local residents turned up.
Meanwhile, the bank convened a District Level Review Committee meeting of district Pulwama under Chairmanship of Additional DDC Muneer Ahmad. All the district level officers, bank officials and representatives from RBI and NABARD participated in the meeting. The meeting discussed the achievements under District Credit Plan 2013-14 for the quarter ending March, 2014.
Jammu & Kashmir Bank is the only state government owned bank in the country with the Government of J&K (GoJK) holding around 53% shareholding in the bank. JKB holds a monopolistic position in the state of J&K constituting majority of the credit and deposits in the state.
