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Business EconomyPosted at: Nov 29 2021 8:59PM


J&K Bank insurance income up by 30 percent

Jammu, Nov 29 (UNI) Stating that good product and services, better technology and focused attention on customers are the key elements of success mantra for all commercial organizations, Jammu and Kashmir Bank CMD R K Chhibber on Monday expressed satisfaction on the achievement of 30 percent growth in the Bank’s insurance income.
“I am happy to see our energetic and experienced staff from Jammu Division zones here, whose dedication along with diligence has helped them to find their place among top performers in the Bank’s life-insurance segment,” said Chhibber while speaking at ‘Leader’s Talk’ event organised to recognize the Bank's Champion Performers of Jammu Division Zones under life-insurance segment here at Jammu in presence of MD PNB MetLife Ashish Srivastava.
The Bank’s Executive President Sunil Gupta, President (Insurance) Narjay Gupta, Zonal Heads, Heads of Business Units from Jammu region and other officers were also present on the occasion.
He directed the Bank staff posted at operational levels to make strenuous efforts so that the benefits of insurance reach all sections of society including the marginalized ones.
“In order to increase our bottom-line we must redouble our efforts to increase income streams other than the interest. And life-insurance is one of the most under-explored areas especially in the current Covid-times.”, said the CMD.
“We must ensure immediate settlement of claims of deceased persons while keeping focus on existing customers besides educating the concerned staff in this regard across our operational geographies”, he added.
Speaking on the occasion MD PNB MetLife Ashish Srivastava expressed his gratitude to the CMD J&K Bank and assured him of strengthening the two-decade long partnership.
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