In order to raise financial awareness among the common people, Jammu & Kashmir Bank (J&K Bank) conducted a series of financial literacy and credit counseling camps at different villages in Baramulla. The bank’s Financial Literacy and Credit Counseling (FLCC Centre) organized these camps at Sherwani Hall Baramulla, Government High school Sangri Bala in Gujjar Patti, Government High school Balhama in Rohama and at Panchayat Ghar in Shoch-palpora Pattan.
Under this financial literacy camps, the bank has provided the information to audience about basics of financial planning, budgeting, saving with banks and its advantages, Artisan Credit Card, concept of Business Correspondents, Khidmat centres and different types of borrowings.
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. J&K Bank holds a monopolistic position in the state of J&K constituting majority of the credit and deposits in the state.
