STATE TIMES NEWS
NEW DELHI: MD & CEO Jammu & Kashmir Bank, Baldev Prakash, who has recently taken over his current assignment, called on Union Minister, Dr Jitendra Singh and presented a brief about his personal profile as well as current new initiatives envisaged for the J&K Bank.
Welcoming him into his new role, Dr Jitendra Singh said, J&K Bank has a rich legacy, having been founded even before the independence of India. It is, therefore, in the best interest of upholding the respectability of banking services as well as citizens’ benefits that the bank is managed with the highest professional norms, he said.
The Union Minister said, in recent times, J&K bank had been, on certain occasions, in the news for wrong reasons. He said, it is, therefore, the responsibility of all the stakeholders to restore the Bank to its earlier credibility. For this purpose, he said, it is important that the banking officials conduct themselves with the highest integrity and at the same time the outside or extraneous influences also resist from interfering in the working of the Bank.
Dr Jitendra appreciated the role of J&K Bank in facilitating the implementation of new Industrial Policy in the Union Territory.
He said, with increasing investments from outside the UT, the bank management will have to present its most friendly face which should encourage the investors from far and wide to invest, with the confidence of “ease of doing business”.
Baldev Prakash thanked Dr Jitendra. He said, he will try to do his best and at the same time requested the Minister to keep providing him with his advice and inputs from time to time.