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Home BUSINESS

JK Bank Chairman felicitated for state centric approach & supporting industry by BBI Association

KI News by KI News
May 3, 2018
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JK Bank Chairman felicitated for state centric approach & supporting industry by BBI Association
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Jammu, May 02: Bari Brahmana Industries Association today organized a felicitation ceremony to honor Chairman and CEO, JK Bank Parvez Ahmed at Bari Brahmana Industrial Association Club. Present at the occasion were Chairman Federation of Industries and President BBIA, Mr. Lalit Mahajan, General Secretary BBIA, Mr Ajay Langar, Sr. Vice President Sh. Suresh Mahajan, officer bearers of Industrial Associations of Gangyal, Birpur, Digiana, Samba & Kathua, and leading industrialists and business men of Jammu region. The Chairman was felicitated by presenting a Shawl and memento by the officer bearers of BBIA and other industrial associations of Jammu region.

Speaking on the occasion, President BBIA Lalit Mahajan said, “This humble gesture is an expression of gratitude to the Chairman and CEO JK Bank Parvez Ahmed for his state centric approach and supporting the Industries fraternity by promoting a healthy financial environment to foster industrial growth in Jammu.” While appreciating the product and services of JK Bank he further said, “JK Bank has played a pivotal role in handholding industrial community in challenging times and offering products as per sector requirements. The relationship with JK bank has been strengthened under the current leadership.”

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Parvez Ahmed expressed deep gratitude to the Federation of Industries Jammu and said, “I feel humbled by the magnanimity, love and affection shown by the members of the Industrial fraternity today and on earlier occasions. I will keep on treading on the journey of various work in progress initiatives for reorienting the flow of credit to the productive sectors of the state economy. I offer a big salute to the indomitable spirit of the entrepreneurs of our state who have beaten all odds and chosen to be Entrepreneurs in a state like J&K which has its own set of difficulties”.

The Bank; he added, believed in having a mentorship approach to the customers. The Bank has walked an extra mile to handhold the entrepreneurs in various sectors particularly industries through customized product offerings such as the recently introduced Add on working capital GST Finance product to provide liquidity to the industrialist units.

Urging upon the industrialists to promote industrial growth he said, “I want the relatively larger industries to mentor some start ups and nurture them like younger brothers. On behalf of JK Bank, I can assure you that we will surely be part of the journey of the new entrepreneurs.”

“At JK Bank as per the vision of our founders we seek our growth in the growth of J&K economy. There is no doubt that the association of Industries and Financial Institutions is one of the most defining in terms of overall economy of the country. This association becomes all the more crucial for our state where opportunities of employment are low and small scale industries are the only way forward. It is our foremost priority to support the industrial growth in every possible way.” He hailed the efforts of BBIA mentioning, “Industrial Association, Bari Brahmana has long served the best interests of Industries Fraternity and played a pivotal role in the growth and promotion of this sector”

The Chairman held an interactive session with the members of the industrial associations to redress their issues. Speaking about the interaction, he said, “I feel that today’s function has been a wonderful opportunity to interact with the industry representatives and understand the dynamics and requirements to serve the sector better. I assure the house to increase the frequency of such interactions to improve the delivery of products and services based on your feedback “

Earlier President BBIA requested for installation of ATM in BBIA Club and SICOP Birpur Industrial Area which were readily agreed by the Chairman JK Bank who also agreed to reorient the operational structure of the Business unit Industrial Complex Bari Brahmana as per the demand of the industrial customers. The Function ended with a vote of thanks by Sr. Vice President BBIA Suresh Mahajan.

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