x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Pakistan violates ceasefire on LoC in Poonch district | One terrorist killed in encounter in Jammu and Kashmir's Awantipora | Kashmir to get one more political party | Now BJP attempts to portray “Birthday celebration” as an event to honour Covid-19 warriors | VC SKUAST-J defies Govt order | Jammu leaders sabotaging appointment of Ladakh BJP president | Doda, Kishwtar districts record 26 cases in a day | COVID-19 : JK reports 155 new cases, tally reaches 2601 | Nat Manch demands financial assistance for priests, Imams and Granthis | SIF expresses anguish over killing of driver in Kashmir | Cong holds monthly meet, highlights problems of transporters | Dy Custodian Evacuee Property attains superannuation | BJP holds series of meetings in rural areas of Vijaypur | MMF laments Govt for continuing disparity with Jammu | GCPF-JK raises concern over formation of SEBCC | Non-disruptive management of Locust | Promotion of Dairy Farming | Life won’t be easy anymore | Munish Gupta asks state government to solve problems of people of A/C Gandhi Nagar | 2 wholesale markets in Jammu closed after labourer tests positive | University of Kashmir council meeting to be chaired by LG Murmu | BRO to resume work on pending projects in JK, Ladakh UTs | First positive, then negative, Poonch admin plays truant with a family including expecting mother | Seventeen fresh positive cases, 345 active positive cases in north Kashmir | DB rejects bail of conspirator in killing of Sub-Inspector Imtiyaz | J&K farmers demand re-opening of Mughal Road | Militants hideout busted, ammunition recovered in Kulgam | BBIA appeals to restore OPD/IPD services in ESIC Hospital Bari Brahmana | J&K HC Cancels Summer Vacation for HC & Subordinate Courts | Pradesh Vishwakarma Sabha reconstituted its body | Bhagat demands regularization of NBWs, CLs in PDD, timely payment of wages | Lecturers’ Forum demands filling up of all administrative vacant posts | 1st Online Open J&K UT Taekwondo Poomsae Championship concludes | Army’s White Knight Corps commemorates 49th raising day | Woman injured in bear attack in Kishtwar | Provide 33% reservation to women in JKLA: Manju Singh | French Club announced winners of Online Dance Competition | AJKYF concerned over online teaching | A K Choudhary takes over as MD of CVPPPL | JHRBA urges govt to keep Air-passengers in Jammu | Third Eye Anti Crime team sanitizes Saidgarh | All J&K Sadguru Kabir Sabha observes Bhagat Amarnath’s Shaheedi Divas | SCMSS comes forward to help artists of AAA,JMU, distributes ration to needy artists | DDC Udhampur cautions people moving without masks at public places | BSF DG reviews security scenario along IB in Jammu | Power employees hold protest against privatization, resent Union Govt’s proposal | PHE supplies contaminated water in Mendhar | JMC intensifies drive against illegal towers | Back Issues  
 
news details
JK Bank awarded for outstanding contribution in Housing sector
4/25/2019 10:31:53 PM
Agencies
New Delhi, Apr 25: Housing and Urban Development Corporation, a Government of India enterprise felicitated the Chairman and CEO J&K Bank, Parvez Ahmed, in recognition of the outstanding contribution of the Bank through innovative initiatives in the housing sector under the Pradhan Mantri Awas Yojna (Urban)- CLSS.
The award was presented by Gopalaswami Parthasarathy a former diplomat, President IHC & Chancellor Central University of Jammu in presence of Chairman & Managing Director HUDCO in a glittering function held in Delhi today on the eve of 49th foundation Day of HUDCO.
Also present on the occasion were heads of a number of financial institutions, Directors on the Board of HUDCO, J&K Bank's President Ashraf Ali, Zonal Head Delhi Fayaz Sidiqui, prominent citizens, officials of J&K Bank and senior management team of HUDCO.
The Bank achieved the recognition for its contribution under the Private Sector Bank category for the Financial Year 2018-19. The Chairman and Managing Director HUDCO expressed deep appreciation for the Bank's role in promoting the Housing sector in the state of Jammu and Kashmir.
The Chairman and CEO J&K Bank dedicated the recognition received by the Bank to guidance and support of the Bank's Board & Government besides the hardworking and committed members of the J&K Bank family who are working relentlessly for financial empowerment of the people of J&K state.
The Bank's mission he asserted is to improve the economic profile of the people of the state for which the bank is proactively working with multiple stakeholders. An important indicator of the improved economic profile, a house is always seen as an asset having lot of emotional value for people to reflect their economic status in our state and we are strategically focusing on the segment.
He further delineated that as per the Bank's business projections for FY 2022, in consultation with a renowned consultant, 0.4 million new houses are to be built in the state in next few years and J&K Bank will be playing a major role in the financing. Bank he added is well on course with adequate resource base and outreach in the state to capitalize on these opportunities.
"Simultaneously" elaborated the Chairman "we are working on simplifying the processes to make the customer experience while availing a housing loan hassle free as the customers are usually opting for unsecured consumer loans due to the perceptions of a cumbersome process of housing loans involving multiple clearances."
An effort, he said is also being made to operationalize an incentive scheme for the housing loan customers who are using the sustainable architecture and material as per the ecological profile of the region.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU