Connect with us


JK Bank launches Mandi Finance Scheme in Amritsar




Amritsar, DEC 30: Parvez Ahmed, Chairman and CEO JK Bank today launched the JK Bank Mandi Finance Scheme for traders of agriculture produce across the country at Amritsar in presence of Executive Presidents P.K. Tickoo and R.K. Chhiber.
Presidents Rakesh Gandotra and Arun Gandotra, Zonal Head Anokh Singh, prominent businessmen of Amritsar, members of trade fraternity of Punjab, a large number of customers and staff of the bank were present.
Notably all the Rest of India Zonal heads and staff of the bank joined the launch through video conference and participated in the event. Earlier in the day the Chairman inaugurated the new state of the art premises of Business Unit Amritsar.
Speaking during the scheme launch, he said, “Punjab is the agriculture capital of the country and has been the front runner in the green revolution in the country leading to food sufficiency for the nation and we thought that it is both relevant and appropriate to launch the J&K Bank Mandi Finance Scheme for traders of agriculture produce scheme from Amritsar in Punjab. Amritsar besides being a pious and spiritual centre is a major trading partner of J&K State and was the first city chosen by our bank to open JK Bank’s first Branch in Punjab in the year 1973.
The bond of banking relationship with Punjab has since been strengthened with enthusiastic reciprocation from the business community of Punjab.
Taking this relation to next level, today we are making history again by launching our unique customized Mortgage loan scheme for Traders of Agricultural Produce-Mandi Finance Scheme, to provide hassle free working capital finance to registered members/merchants/traders dealing with trade of fruits/vegetables/cereals & other agricultural produce.
The scheme, already popular in J&K, will now be operational across all branches of the bank in rest of India and all merchants who are customers of the Bank and are members of the recognized Association of concerned Mandi/ Registered Commission- Forwarding Agents can avail this facility at one of the lowest rate of interests in the Banking industry.”
Executive President PK Tickoo in his address delineated the bank’s products & policies which he said are continuously being aligned to the market dynamics to customize them for the convenience of the customers. R K Chhiber Executive President shared his experiences of working in Punjab where he said the bank was having one of the most loyal customer base since decades of its operations.
Earlier while inaugurating the new Business premises at Shastri Market Amritsar, Chairman & CEO Parvez Ahmed directed the team to offer par excellence customer service to the people and engage all digital products and offerings to provide an enhanced customer experience. He also urged upon the Zonal Team to explore the potential for innovative services such as customized pilgrim products on the lines of JK Bank services to pilgrims visiting Mata Vaishno Devi, Katra.
He further said that Punjab is the major destination for people of Jammu and Kashmir State along with a large number of patients travelling for specialized orthopedic and ophthalmic treatments to Amritsar and thus numerous opportunities are available to facilitate the cash management needs of the travelers by new product offerings. The Chairman added that Bank is also planning to increase its presence in Punjab via ATM and Branch network expansion.



Kuka Parray part of script drafted by late Mufti Syed: NC



Srinagar, Jan 17: Jammu and Kashmir National Conference on Thursday rejected the canards of Naeem Akhtar as “uncouth and reflective of his political bankruptcy” and said that Kuka Parray worked as per the script drafted by late Mufti Syed as home minister of India.

In a statement issued to media, North Zone President and former Minister Mohammad Akbar lone said that accusations against NC are coming from a person to which PDP owes its disintegration.

Mohammad Akbar Lone while rejecting the jibes of a self styled leader as travesty of facts said, “Nayeem Akhtar belongs to a gang which has been drawing its sustenance from RSS and other forces as are hostile to the special position of the state,” he said, adding that as an assistant of Mufti Muhammad Syed during his tenure as central minister, Akhtar remained equally involved in destabilizing the state.


“He continued to work for Mufti Syed by resorting to writing ghost articles under a pen name ‘Satar Wagay’. As a sequacious writer he continued to target only National conference on a daily basis in spite of being a working bureaucrat then. Politicians like Nayeem Akhtar typify opportunism and political bankruptcy as it was him and his party which joined hands with RSS just to satiate their lust for power,” he said adding that it was difficult to understand as to which side of political divide he belongs to.

North Zone President said, “Nayeem Akhtar’s recent assertions on Kuka Parray are unsubstantiated due to the fact that NC workers were the one who suffered most during the hay days of the renegade era in Kashmir.”

“People are not that gullible, they know that it was late Mufti Syed who presided over 18 massacres as home minister, was the brain behind Ikhwan and was instrumental in extending the dreaded AFSPA to the state. Renegades like Kuka Parray owe their being to the policies of Mufti Syed that he pursued during his stint as home minister of India,” he said.

The north zone president said that Nayeem Akhtar has been a point man of BJP-RSS right from early seventies and owing to his services he was given ministerial berths in two consecutive Muftis led governments.

“Otherwise how can a political low weight with no political base get higher ministerial berths?” he said adding “National conference had to suffer immensely at the hands of Kukka Parray, and that the local party functionaries of Sumbal Sonawari belt had to migrate to escape from the wrath of the renegades,” he said.

“National conference has a base in people in Sumbal–Sonawari, and I have been representing the seat for many consecutive terms. We as a party don’t support violence rather we have always been the victims,” he added.

Continue Reading


Bail plea of separatist detainees shouldn’t be opposed: Mir



Srinagar, Jan 17: Democratic Party Nationalist (DPN) president and former minister, Ghulam Hassan Mir on Thursday said that the government has failed to produce challan in the court against the separatist leaders who have been arrested almost a year ago over the charges of alleged terror funding.

Mir in a statement to media said that even after one year has elapsed since the separatist leaders were arrested, the government has failed to produce challan against the leaders and at the same time are creating obstacles to them in getting bail.

“The bail plea of the detainees is being opposed by the government. This is not fair and against the natural justice as one hand they are not producing challan and on the other they are creating obstacle to them in getting the bail. Giving bail to any person doesn’t mean a clean chit to any accused,” he added.


He added wife of one among the detainees, Shahid-ul-Islam is on death bed and govt should not become obstacle to him in getting the bail.

Continue Reading


DAK welcomes Govt order of uniform rate for diagnostic tests



Srinagar, Jan 17: Doctors Association Kashmir on Thursday welcomed the order issued by state administration where in fresh directions are given to hospital authorities to ensure that patients get diagnostic services in public hospitals on uniform rates across the state. The authorities were directed to implement the directions in letter and spirit to ensure all patients get diagnostic services in public hospitals on nominal prescribed charges.

In a statement issued to the media, Dr Suahil Naik, president Doctor’s Association Kashmir said that we were pushing for uniform rate of diagnostic tests across the state and we want people to question the hospital authorities if they try to overcharge them.

“People should approach grievance cell of the health and medical education department to file their complaints if hospital authorities are accused of not providing diagnostics services to the patients at prescribed rates,” said Suhail.


“Why should people pay hefty amount for diagnostic tests in government hospitals? Our government hospitals are not meant for fund generations,” questioned Dr Naik.

While lambasting health administrators, Dr Naik alleged that “Actual problem lies with system where in juniors, inefficient, incompetent persons are parachuted and promoted as hospital administrators.

“People who are illegally promoted don’t have an iota of idea to project the annual finances required for providing diagnostic facilities at nominal charges to finance department or state government. With the result state government fails in keeping budgetary allocations for same and a financial gap is generated at gross root level. Therefore health administrators then charge extra and exorbitant rates from poor patients to run the system uniformly,” he said.

Dr Owais H Dar General Secretary DAK said that reformative changes at gross root level are required to get vibrant and patient friendly system. The need of minute is that health department is in dire need of intellectually effective health administration, who shall serve purpose in framing state health budget. Dr Dar further added that adequate funds must be provided to the hospitals to meet out day to day demands as per requirements.

Dr Mir Mushtaq senior executive member of DAK said that until there is deadwood running hospital affairs, the health care system is bound to deteriorate and degenerate with passage of time.

It is moral and ethical responsibility of states financial department to keep a full-fledged budget for diagnostic facilities.

Hospital development fund should be paid to dedicated contractual employees of hospital and on day to day repair and maintenance of hospitals he further added.

DAK thanked social activists, media fraternity and civil societies for raising parallel voice with DAK, whenever it is desired in the interest of patient care.

Continue Reading

Subscribe to The Kashmir Monitor via Email

Enter your email address to subscribe to The Kashmir Monitor and receive notifications of new stories by email.

Join 979,866 other subscribers


January 2019
« Dec