SRINAGAR,
SEPTEMBER 15: Sh. Parvez Ahmed, Chairman Jammu and Kashmir Bank, met Governor
Satya Pal Malik at the Raj Bhavan here today.
The Chairman made
a detailed presentation about the initiatives of the Bank like strengthening of
the balance sheet, Transparency in functioning and professionalization of the
Board of the Bank. He apprised Governor of the various prospective areas
identified by the Bank to enhance productive lending of Rs. 11000 Cr in J&K
over a period of next 3-4 years which shall be driven by sectors like housing,
agriculture, horticulture, SME, Gold Loans etc. Chairman requested Governor to
take up the matter of bringing the horticulture sector within the ambit of
Pradhan Mantri Fasal Bima Yojna to protect the farmers in the horticulture
sector which too at times is affected by the vagaries of unseasonal climate.
Governor assured support to the initiatives of the J&K bank
for raising the standard of living of the people of the state and urged the
Chairman to lead the Bank in playing a catalytic role in the development of the
economy of the State besides being at the forefront of driving financial
inclusion and digitization to facilitate the common people across all regions.
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