Raghubir Thakur
Katra, April 3:
Managing Director cum CEO J&K Bank Baldev Parkash while speaking in an interaction organised by Hotel & Restaurant Association,Katra (HRAK) in association with Federation of Hotels, Restaurants,Industries & Commerce of Jammu Region (FHRICJR) wherein President HRAK/FHRICJR Rakesh Wazir,J&K Bank’s President Jammu Zone Sunit Gupta, Zonal Head Rajesh Gupta,Cluster Head Ravi Kumar Sharma, Territory Manager BPCL ,LPG, Sandeep Raina, Territory Manager BPCL Retail ( Petrol Pumps) Eshu Kumar,Former Minister Jugal Kishore Sharma,Former MLA Baldev Raj Sharma, Chamber of Commerce & Industry Katra President & HRAK Sr. Vice President Virender Kesar, Hotel & Restaurant Association, Patnitop President Kushal Magotra, HRAK Vice President Vivek Sharma, Rajesh Sadhotra, Ravi Nag,Sunil Dogra, Hari Om Singh, Gautam Sharma etc. were also present, said that it is very important that more and more people should invest in the Union Territory so that maximum employment is generated and the younger generation may get maximum work opportunities in the Union Territory itself and for that every effort including liberal financing and Tailor made schemes as requested would be provided to entrepreneurs.
He further said that all support and help would be provided to affected Tourism Sector and Hotel Industry in particular which was worst sufferer of Covid Pandemic and J&K Bank will leave no stone unturned in its revival so that it may reach its peak once again.
Rakesh Wazir during his welcome address said that J&K Bank is the backbone of J&K economy and the level of presence of J&K Bank can be judged from the fact that when we talk about banking in J&K state particularly in rural areas people relevate it to J&K Bank only and J&K Bank too has played its role magnificiently well and requested that Tourism Sector and Hotel Industry in particular which is the worst sufferer of Covid Pandemic and suffered huge losses in last two years be fully supported and asked for full support and help of the bank in its revival and survival.
He further said that liberal financing and Tailor made schemes which are the highlights of the Bank be continued in future as well with more energy and zeal and in addition to that  initiatives under social responsibility,Publicity and branding of the bank be broadened further like participation in Navratra Festival’s All India Devotional Song Competition,good looking bank buildings,re starting of the Calender of J&K Bank which was so popular that it used to be seen everywhere but its publication was stopped all of a sudden and said that such a popular thing should not had been stopped and if not free it be given on no profit no loss payment basis to all which besides facility will make good addition in the publicity of the bank.
 Sandeep Raina & Eshu Kumar raised the issue of Electronic dealer financing scheme to all the Petrol Pumps and Gas agencies  as is being done already by SBI,ICICI,Bank of Baroda etc.
Jugal Kishore Sharma said that the Tourism sector is the worst sufferer from last 3 years even before the Covid when the Amarnath yatra was stopped in the mid way and thereafter Covid Pandemic ,were the reasons of the disaster of Tourism sector and need full support of the bank.
Baldev Raj Sharma raised the issue of rating of the business establishments which though restructured due to Covid but the credit rating of the borrower became bad and would make effect in availing the new Tourism incentive schemes announced by the government and it be addressed properly.
Virender Kesar raised the demand of the opening of the new ATMs of the Bank at Katra main Bazar as well as opposite Railway Station Katra which are direly needed.
Kushal Magotra raised the issue of opening of J&K Bank’s ATM counters besides a full-fledged branch of the Bank at Patnitop.
Ravi Nag while speaking on the occasion said all government schemes should be publicised and implemented in such a way that people may be able to avail their full benefits.
Baldev Parkash listened each and every point of the Industry people patiently and assured that sympathetic consideration will be given to each and every point and assured that Bank will leave no stone unturned for the development of the industry in the state and 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.



