STATE TIMES NEWS JAMMU: JK Bank Chairman cum Managing Director (CMD), RK Chibber on Tuesday said that the JK bank is a strong institution and it is showing progress in every sphere of banking. He termed the bank a very successful enterprise which is doing its business professionally. “The bank is improving the statistics of its balance sheet and in next quarter it will have good result to show to its stakeholders,” he said in a statement here today. The chairman said that the swiftness in growth of bank has been regained and customers would soon recognize it, while adding that the fruits of progress would be shared by all including the valuable customers of the bank. The CMD assured the stakeholders that bank would guard their trust and would come up to their expectations. “The bank is showing positive results in every affair, be it lending, CD ratio, CASA or NPA recovery. The future balance sheets of the bank will write off the past stress and reflect the growth it has registered by inculcating the reforms in the bank,” the Chairman said. He also informed that bank is now covered under RTI Act, besides acquiesces with the CVC guidelines. He said that the affairs of the bank would be more transparent in future.
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