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Business Economy

Tourism back bone of J&K economy, says J&K Bank Chairman

Jammu, Aug 14 (UNI) Chairman-cum-Managing Director of J&K Bank R K Chibber on Wednesday said that tourism is the back bone of J&K economy and J&K Bank will leave no stone unturned in its revival and will act as major facilitator in getting this sector reach to its peak and would remain always ready for any help at any point of time.
Mr Chibber was speaking in a programme organised for the interaction with Hotel and Restaurant Association, Katra (HRAK), wherein representatives of PHD Chamber of Commerce and Industry Jammu Region (PHDCCI) were also present.
Mr Chibber listened every point of the industry people patiently and assured that sympathetic consideration will be given to each and every point and assured that the bank will leave no stone unturned for the development of the industry in the state particularly the Tourism/Service Sector and although the system is very fast as for as financing and other activities of the bank are concerned but still directions down the line will be passed for expediting those further.
He said that it is very important that more and more people should invest in the state so that maximum employment is generated and the younger generation may get maximum work opportunities in the state itself.
Rakesh Wazir, President Hotel and Restaurant Association, Katra & Co-Chairman PHD Chamber of Commerce & Industry Jammu Region said that J&K Bank is the back bone of J&K economy.

More News

UCO bank contemplating to further reduce its lending rates

18 Aug 2019 | 5:16 PM

Ahmedabad, Aug 18 (UNI) Public Sector UCO Bank which recently reduced its marginal cost of funds - based lending rate (MCLR) by 15 basis points making its home and car loans cheaper by as many points said on Sunday that it was contemplating to further reduced it.

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HDFC bags ‘India’s Best Bank’ at Euromoney Awards for Excellence 2019

18 Aug 2019 | 2:39 PM

Mumbai, Aug 18 (UNI) HDFC Bank has been awarded ‘India’s Best Bank’ at the Euromoney Awards
for Excellence 2019, an official statement said on Sunday.

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Armines Industries launches new, ready-mix plaster plant in Cacoda Industrial estate

17 Aug 2019 | 7:58 PM

Margao, Aug 17 (UNI) Goa based Armines Industries recently launched a first-of-its-kind, ready-mix plaster manufacturing factory in the Cacoda industrial estate.

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Ahmedabad Oil Market rate

17 Aug 2019 | 4:26 PM

Ahmedabad, Aug 17 (UNI) Ahmedabad Oil Market showed a firm trend here on Saturday.

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Ahmedabad Cotton Market rate

17 Aug 2019 | 4:26 PM

Ahmedabad, Aug 17 (UNI ) Ahmedabad Cotton Market ruled steady here on Saturday.

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