EDB celebrates 34th Foundation
day
Srinagar, July 16 (VOS): Ellaquai
Dehati Bank celebrated its 34th foundation
day on Monday in a simple but impressive function organized at the Head Office
of the Bank.
Speaking at the occasion
A K Razdan Chairman of the Bank said that the Bank has witnessed many ups and
downs during the last 33 years but with the support of its patrons the Bank
marched ahead on the path of progress. He said that our Bank has earned a name
in the financial sector of the State and is providing banking as well as other
financial services to its esteemed customers under single roof. The Bank is not
only accepting deposits but is also providing loans for agriculture, business,
transport, wellness industry, handicrafts, tourism industry besides the loans
under Personal segments for construction/purchase of Houses, Car loans, consumer
and personal loans. Bank is also selling SBI LIFE policies and Mutual Funds for
better management of the customer’s wealth” Razdan said. He said
that the Bank is implementing all the programmes of the Central and
the State Governments and has some special schemes for the unemployed youth.
Razdan said that our Bank is providing agriculture production loan at 7 percent
rate of interest and has issued maximum number of Kissan Credit Cards at rural
centres. “There is no private share holding in our Bank and the Bank
is jointly owned by the Govt of India, Govt of Jammu and Kashmir and the State
Bank of India, the biggest commercial bank of the country” Razdan
clarified.
Chairman appreciated the
role played by the employees for efficient running of the Bank. “All the
employees, present or past, have played an important role in shaping the future
of the Bank and deserve appreciation” chairman said. He emphasized the need for
putting more efforts in realizing the vision of the Bank i.e., to be the most
preferred rural financial institution of the State.
EDB Gold Loan scheme was
also launched in the valley. Launching the scheme chairman expressed his
confidence about the success of the scheme as ‘people desire to retain the gold
ornaments but also want to utilize them for business and consumption purposes’.
To mark the occasion, one
of the oldest customer Professor Bassu was felicitated at the function.
SA Qureshi, General
Manager (GB), Shri D N Bhat, General Manager (CR) and other senior Head Office
functionaries were present at the function.
The foundation day was
also celebrated at Regional Offices in Srinagar, Jammu and Anantnag also.
JK Bank holds financial
literacy camps at Qaimoh, Shopian
Srinagar, July 16 (VOS): J&K
Bank conducted financial literacy camps at Government Higher Secondary
Institute, Qaimoh (Kulgam) and Government Degree College Shopian which were
attended by hundreds of students along with the staff of respective
institutions.
Principal higher secondary
M Bashir Khan presided over the function in Qaimoh while as Principal College
Nazir Ahmad Chirag was the Chief Guest at Shopian.
Discussing the importance
and objectives of financial inclusion at Qaimoh, Incharge Financial Literacy
& Credit Counseling (FLCC), Kulgam Abdul Rashid Hakeem urged the students
to cultivate habits of saving so that their future remains safe and secure.
He talked about various
banking products and schemes available for public in general and student
community in particular.
Lead Bank Officer, Kulgam
G M Dar informed the gathering about role of banks in upliftment of the
society. He asked the students to be updated about the day to day global
changes especially in banking sector.
Director JKBRSETI, Kulgam
Mohammad Shafi Ayaz informed the audience about the importance of such camps in
schools and other educational institutions and had an interactive session with
the students.
Principal of the
Institute, who presided over the function hailed the Bank for organizing such
awareness camps and asked for organizing more such camps in future.
He told the students to
avail the benefits of such camps and start opening their accounts in
banks.
Welcoming the
participants at Shopian, In-charge FLCC Shopian M. A. Jan informed them about the
objectives of the camp.
Lead District Manager
Shopian, Mohammad Saleem Wani said that the programmes are aimed at sensitizing
the common people about the various financial products and schemes meant for
economic development of the people.
The visiting officers
gave a detailed account of various products like Education Loan and Laptop
finance for students, Housing Loan and Car Loan schemes for staff.
Insurance manager threw
light on other financial services offered by the Bank particularly Life and
Non-life insurance schemes.
Principal Chirag
expressed his satisfaction over the programme and hailed the attempts of Bank
in creating awareness among public.
Ajaz Ahmad Banday,
Director RSETI, Shopian thanked the audience for participating in the camp and
College authorities for extending full cooperation and support making it a
success.
The camps concluded with
a question-answer session in which the participants took keen interest and
raised queries regarding the schemes which were clarified by the organizers. Some
students were given gifts for their active participation in the program on the
occasion.
Refreshment was also
served to the participants on the occasion.
J&K Yateem
Foundation’s 66 Lakh on Post
Matric HESP-2012
Jammu, July 16 2012
:An amount of Rs 46, 000/ ( Rupees Forty Six Thousand) on account
of 1st instalment @ Rs 2000/- was
disbursed among 23 beneficiaries including 07 female candidates selected
for the Higher Education Scholarship Programme HESP 2012 Jammu Division, at
a function organised by J&K Yateem Foundation’s Divisional Headquarter
Kishtwar.
Alhaj Ghulam Rasool
Sirwal, former Chief Education Officer , was the chief guest. Incharge Chief
Medical Officer, District Hospital Kishtwar; JKYF CEC member Mushtaq Ahmad
Bhat; JKYF District President Kishtwar Alhaj Abdul Hamid Kamal and other
prominent citizens, also attended the function. The speakers highlighted the
importance of education and enjoined upon the scholarship recipients to work
hard and continue their studies for achieving the goal of their cherished
careers.
HESP offers higher
educational scholarships exclusively for orphan, poor & needy aspirants
irrespective of their caste, creed, region or religion, seeking financial
support to continue their studies from Matric onwards.
The students from
Banihal, Ramban, Doda, Kishtwar, Thathri, Banjwah and Padder received the
scholarship amount who alongwith their attendants were also reimbursed to and
fro bus fare, by the Divisional Headquarter.
75 candidates including
26 female students from three districts and five tehsils in Jammu Division had
appeared in J&K Yateem Foundation’s 1st Annual
HESP -2012 Entrance Examination in Jammu Division, on June 10 this year.
Since 2002, J&K
Yateem Foundation has awarded 423 scholarships
under HESP with over Rs 60.52 Lacs spent
under the programme, in Jammu & Kashmir Divisions. Under HESP Professional 18 scholarships
have been awarded incurring an expenditure of Rs 05.98
Lacs from 2004 to 2011, in Kashmir Division.
The scholarship amount is
paid to the selected candidates out of General Donation exclusively and not
Zakat Fund, by J&K Yateem Foundation, Central Office Srinagar.
Dr Farooq for
introduction of new and renewable energy as a subject at KU
Inaugurates Youth Sports
Hostel and Health club
Srinagar, July 16 (VOS): Realizing
the need to train and mentor professional human resource in Valley in the field
of renewable energy Union Minister for New and Renewable Energy and Member of
Parliament Dr Farooq Abdullah has assured the University of Kashmir of his full
support for the introduction of the discipline at KU.
While inaugurating new
building of the Youth Sports hostel and health club of the Directorate of
Physical Education and Sports University of Kashmir Dr Farooq Abdullah said
“New and renewable energy besides addressing the growing energy needs has
tremendous potential in changing the socio-economic landscape of our society
and given its huge potential in the valley I will immediately take up the
matter with my ministry in New Delhi for the introduction of a course in new
and renewable energy at Kashmir University as has been introduced in other
universities across the country.”
Extending his full
support to the University in its quest for excellence and introduction of more
and job-oriented courses in the campus Dr Farooq said “The subject of new and
renewable energy and its exploitation for harnessing natural resources of
energy has changed the entire world and we need such courses in our university
so that our students may get professional training in the subject and learn how
to tap natural and renewable sources of energy which is both cheap and
environment friendly.”
Congratulating the
University administration and its academia for providing quality education and
overall physical development to the students in the face of tough challenges
over the last two decades Dr Farooq said that he would approach the Union
Ministry of Sports for getting special funds for the establishment of swimming
pool and up gradation of infrastructure for the gymnasium at the University of
Kashmir.
In his address Minister
for higher education Abdul Gani Malik appreciated the University for signing
some benchmark MoUs with some reputed national and international Universities
and organisations which he said indicates a positive shift in the overall
academic policy of the University in its strive to put the University on
international map.
He said “It is a healthy
development to see that some of the departments of the University have got
international and national recognition and what is more encouraging is that the
University has signed several MoUs over the last 2 years. However at the same
time it is a responsibility of the University to guide private players who want
to make an investment in the education sector at elementary level with their
valuable expertise and inputs.”
Speaking on the occasion
Vice Chancellor University of Kashmir Prof Talat while expressing his gratitude
for various agencies who have funded the project said that the University is
making its sincere efforts for bringing the University on international map and
seeks continuous financial support from government and other quarters for the
overall growth and development of the University.
While informing the
Minister for New and Renewable Energy Dr Farooq Abdullah and others about
various steps taken by the KU in popularising the use of renewable energy in
the campus Prof Talat said “The University has already started switching over
to renewable energy in some of its newly established buildings and departments
and in future 3 girls hostels would be illuminated with 100KW of energy
generated by renewable sources whereas 2 solar water heating systems are
already in use at the boys hostel.”
Prof Talat said that the
new building of the youth sports hostel will save the huge expenses which
University had to incur for providing accommodation to players and participants
from outside the state who would come to the valley to participate in different
sporting events organised by University.
Director Physical Education
and Sports Professor Basher Ahmed Khan also spoke on the occasion whereas
Registrar University of Kashmir Prof S Fayaz Ahmad presented vote of thanks.
Pertinent to
mention here the four-storied Youth Sports Hostel hostel has residential
capacity for 120 people and has been funded jointly by Union Minister Dr Farooq
Abdullah under member of parliament local area development scheme, government
of Jammu and Kashmir and UGC and so far around 5 crores has been spent on the
project.
Khidmat Centres to
provide on-line coaching, mobile recharge
Srinagar, July 16 (VOS): Jammu
and Kashmir Bank today signed a Memorandum of Understanding with E-Resolute; a
Srinagar based Tech Company, for offering various on-line services through its
wider network of Khidmat Centres to the people particularly those living in far
off places.
The agreement was signed
by Nazir Ahmed Bhat, J&K Bank Vice-President (CSC Project) and Kashif Khan,
CEO E-Resolute in presence of G M Sahibzada, Executive President of the Bank.
With the signing of this
agreement the company shall now provide a bouquet of services like on-line
coaching, mobile and DTH re-charge and sale of solar lights to customers online
through the Bank’s 700 Khidmat Centres set up till date.
Speaking on the occasion,
Executive President G M Sahibzada hoped that the tie up shall be highly
beneficial particularly for the people of fall flung areas of the state as it
would bring the services to their doorsteps and save their time, energy.
“These services
have been added owing to good response to on-line coaching service of the
company and more services of the company shall be added in accordance with the
people’s response”, said Vice-President CSC Project.
Kashif Khan thanked the
Bank for such a huge opportunity and said “Our Company could not have got the
better channel than Khidmat Centres to take our services to the people
especially in rural areas of the state as Khidmat centres are suitably located
and equipped with the requisite infrastructure to provide our services.”
Notably, the company is
already offering on-line coaching for competitive exams through selected
Khidmat Centres, the statement said.
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