FCIK calls JK Bank ‘backbone’ of commerce, says ‘unscrupulous vested interests attacking it’

Srinagar: The Federation of Chambers of Industries Kashmir (FCIK) Secretary General, Thursday, requested authorities not ‘to politicize the institution of JK Bank and let it serve the people as it has been doing since its inception’, after recent remarks of the region’s Governor Satya Pal Malik in an interview with Times Now, that the previous PDP-BJP Government had changed the complete selection list of 582 candidates in Jammu and Kashmir Bank so as to appoint political workers at their place.

In the interview, the Governor had said 40 youth approached him saying they had cleared all examinations and figured in the selection list of Jammu and Kashmir but were replaced by relatives and workers of political parties.

Later, Malik retracted the statement, saying that whatever he was told by J&K Bank officials about the “recruitment mess” was not “gospel truth”, Greater Kashmir reported.

ALSO READ: Don’t defame institutions of state on news channels, probe corruption charges, PDP tells Governor Malik

Calling the bank the ‘backbone’ of the region’s commerce and industry, and ‘the most important asset of
its state subjects’, Nasir Bukhari said that unscrupulous vested interests had attacked the institution.

“The bank is being targeted for being the harbinger of growth and empowerment by the vested interests hell bent upon disturbing the economic ecosystem of the state,” he said. “The bank has served the people when every other bank left the troubled valley leaving the people in lurch and has been in the fore front ever since.”

Commending it for providing service and jobs to youth in the Valley, Bukhari said that the bank’s management had steered the institution to a respectable position during turmoil in the banking sector.

Referring to the 2014 devastating floods that hit the Valley, Bukhari said that the JK Bank family had risked their lives to provide financial services to the victims. He added that the bank staff contributed 12 crores from their salaries to Kerala’s flood victims.

ALSO READ: JK Bank’s helping hand to flood ravaged Kerala

Calling for the people of the region to unite, Bukhari said that the bank needed to be safeguarded from the onslaught of image tarnishing and rumour mongering.

“The onslaught has affected the share prices of the bank and will have an adverse effect on the health of the bank if proper preventive measures are not taken,” Bukhari observed.

“Federation Chambers of Industries Kashmir requests the authorities not to politicise the institution of JK Bank and let it serve the people as it has been doing since its inception,” he said. “Federation requests the people of all the three regions of the state to remain vigilant and safeguard this prestigious institution and defeat the nefarious design of chronic defaulters who are seemingly behind the propaganda.”

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