J&K Bank CMD meets and listens to staff posted in NCR Delhi


In line with his vision to meet and listen to every member of J&K Bank Family, Chairman and Managing Director Rajesh Kumar Chhibber convened a “Staff Meet” at Gurgaon, which was attended by the bank’sExecutive President P K Tickoo, Presidents Sunil Gupta, Arun Gandotra, Zonal Head Delhi (North) Fayaz Ahmad Siddiqui, Vice Presidents Fayaz Ahmad Zargar, Imtiyaz Ahmad Hussaini, Vinod Kumar Sharma besides more than 250 staff members of all cadres posted at various Business Units /Offices falling under the National Capital Region (NCR).

Hailing the strong feeling of kinship among the staff members that remains the hallmark of J&K Bank Family, Chairman & MD R K Chhibber expressed his pleasure to see fresh and charming faces of staff members full of energy, which, he said, drove away all his tiredness due to the hectic meeting schedule in Delhi.

Giving a patient audience to the participants at the Staff Meet, the Chairman lauded their commitment and emotional attachment towards the bank andurged them to put in more efforts to perform better as expected of them so that the allocated targets for the financial year 2019-20 are achieved.

Speaking on the occasion, he said, “The operative levels have been given full liberty to take the credit decisions purely on the basis of merit without any interference or intervention from anyone”, adding “the recent probe from some agencies shall not have any impact on any bonafide transaction/business done in the interests of the Bank.”

“Besides the core business, focus should be on other aspects of growthlike fee based income, recovery and containmentof NPAs. Special emphasis needs to be laid on Retail and Forex Business while as the corporate business needs to be taken up on selective basis by choosing only the top rated corporates/PSUs”, the Chairman said, adding “extra efforts were needed from the entire staff, especially from the Rest of India Zones to up the business momentum.”

Reiterating his sustained focus on providing best customer services, he urged the bank staff to focus on ensuring best customer service without leaving any scope for indiscipline.

Dispelling strongly the rumours about the merger of Bank once again, the Chairman assured that Bank continues to remain fundamentally strong and with ample support from the Government of J&K UTand Ladakh UT administration as its promoter, it is bound to reach to its zenith.

“The appointment of a strong and professional board with ample knowledge and experience, comprising of IAS officers,  Chartered Accountants, Corporate Leaders etc. has resulted in the improvement in the overall governance of the bank”, he said.

The already initiated recruitment process would be concluded soon in a transparent manner to meet our staff requirements adding that all the recruitments for all levels/posts in the bank hereafter would be duly notified and processed in the most efficient and transparent manner.

Elaborating on the Bank’s plan to consolidate its network outside J&K region by merging/closing the unviable branches and offices, the Chairman assured that the Bank would continue its expansion plans in potentially rich business centers. He also assured that with the envisaged improvement in the bottom line of the Bank in the very near future, the Bank remains committed to meet the expectations of all its stake holders.

Informing the participants that the Bank was in the process of implementing the recently received rehabilitation package for revival of borrowers of J&K on a fast track basisthe Chairman said that, “the regulators have been requested for inclusion of those segments of borrowers which have not been included, so as to ensure a meaningful rehabilitation of all the affected borrowers from J&K.”

Earlier, Zonal Head North (Delhi) Fayaz Ahmad Siddiqui welcomed the CMD along with his team and appraised the participants about the business and its prospects in the zone. On behalf of entire zone, he assured CMD that the staff will work with renewed zest and zeal to achieve all the allocated financial targets.