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Union Minister of State for Finance Dr. B K Karad inaugurates J&K Bank's Business Unit Kullan."Extending banking services to remote areas is the dream of our PM"
- Srinagar
- 21 Sep 2021
Union Minister of State for Finance Dr Bhagwat Kishanrao Karad today inaugurated the J&K Bank Business Unit at Kullan Ganderbal in presence of Financial Commissioner (J&K Finance) & Addl. Chief Secretary Atal Dulloo, Bank's CMD R K Chhibber, DDC Ganderbal Krittika Jyotsna amid a huge gathering of Bank's valuable customers, elected public representatives, traders and local residents. President & Spl. Secy. to CMD Karanjit Singh, Zonal Head Kashmir (Central-II) Tabassum Nazir and other senior functionaries of the government and Bank were also present at the inaugural ceremony.
Congratulating everyone involved in the opening of Business Unit Kullan, Dr Bhagwat Kishanrao Karad said, "Extending banking services to remote areas is the dream of our PM; therefore all those involved in establishing this branch in a remote area deserve applause."
"Opening branch here is in line with Central Government's vision to have banks in every nook and corner of the country as banks are very important for progress and development. During the two days of my stay here, I can see J&K Bank has done a superb job", he added.
Besides stressing upon the need to increase digital banking for more transparency in the system, Dr Bhagwat Kishanrao directed the Bank to prioritize crop and dairy loans.
"I am sure this branch will play a significant role in economic progress of the area and aspiring entrepreneurs especially small ones will get the much needed financial assistance from the bank", the union minster said.
Speaking on the occasion, the CMD asserted that the Bank's business units have historically been agents of steady socio-economic transformation in J&K and Ladakh.
"We have established this business-unit in such a remote area to facilitate people financially and provide them world-class banking facilities. The Bank also envisions to have its business units in the unbanked areas of J&K and Ladakh", said the CMD while urging the people to avail the benefits of social security schemes and other government sponsored schemes besides Bank's products and services.
With the opening of this branch, the total number of Bank's business units has reached 966.
