Srinagar- A delegation of Federation Chambers of Industries Kashmir (FCIK) – an apex organization of Industrial Association- led by its President Shahid Kamili on Wednesday called upon Chairman and Managing Director (CMD) J&K Bank R K Chhibber here at Corporate Headquarters.
Executive Presidents Sunil Gupta & Arun Gandotra, Special Secretary to CMD Karanjit Singh, President Anil Deep Mehta and other senior officials of the Bank were part of the meeting which saw the FCIK delegation put forth their demands and problems faced by different industrial sectors in the valley.
CMD stated that J&K Bank was a strong and successful organization which has stood the testing times ever since its inception.
“J&K Bank has a strong foundation and has always prevailed in adversities. J&K Bank’s share is surging ahead owing to recently declared Financial Year 2020-21 results. Our success is primarily because of our customers, business community, second to none workforce, an efficient Board of Directors and all weather promoters as J&K and Ladakh UT Governments whose support and guidance gives us strength to come out of any crisis and lend us stability,” said the CMD.
Acknowledging the business community for having emotional sentiments about the Bank, the CMD reiterated symbiotic relationship between the two.
“If your business is in a good shape, it is definitely going to have positive effect on the growth of J&K Bank. Success and failures of industrial sector has a direct effect on J&K Bank and its businesses. We will always come forward to support and handhold genuine and aspiring entrepreneurs as per set procedures and guidelines. We have already formulated a scheme for textile industry which will be soon rolled out,” CMD told the delegation.
President FCIK Shahid Kamili stated that J&K Bank and Industrial sector were married to each other saying, “We look up to J&K Bank whenever we are in distress. J&K Bank is our hope and at this point in time when there are hardly any business from last two years due to Covid 19 induced disruptions, we need handholding from J&K Bank to get us out of this crisis. MSME sector needs special attention from the Bank for it to come out of current situation marred by multiple disruptions over the years.”
The delegation collectively thanked the senior Bank management for giving a patient listening to the matters concerning them.
Be Part of Quality Journalism
Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.