Baldev Prakash, MD of J&K Bank, contacts the Union’s finance minister

Baldev Prakash, MD of J&K Bank, contacts the Union's finance minister

Baldev Prakash, MD & CEO of J&K Bank, met with Smt. Nirmala Sitharaman, Union Finance Minister, today in Delhi.

In helping J&K, Ladakh, and other regions of the nation flourish, the Bank has been doing a good job. The gravity of the economic issues individuals face must be reflected in all of its existing initiatives, she said.

The Bank’s purpose of financial empowerment was continued, according to the Finance Minister, at the time.

The MD of the Bank, Baldev Prakash, had earlier thanked the Finance Minister for her time and informed her of the Bank’s current situation. He reaffirmed the Bank’s commitment to supporting the goal of the Union Government for an inclusive economy and equitable development, particularly in Jammu & Kashmir.

He also briefed the Finance Minister about the Bank’s strategy to increase its business by providing best and latest services to the people besides plans to improve its functioning.

On the occasion, he gave an overview of the Bank’s sustained focus on nurturing entreprenuership and employment generation through a range of Government’s flagship credit schemes. “We were ranked among top 4 banks for implementation of PMEGP in the country”, he said.

“Given the kind of measures that have been taken to improve the corporate governance, J&K Bank is today one of the most trusted and transparent financial institutions in the country”, he further said.

Wishing the MD & CEO well in his efforts and initiatives, the Finance Minister urged Baldev Prakash to keep the Bank’s institutional focus on making youth economically self-reliant.

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