ASSOCHAM Honors J&K Bank for Excellence in Banking Performance at 19th Annual Summit

Srinagar, 18-10-2024: Jammu and Kashmir Bank has achieved notable recognition at the ASSOCHAM’s 19th Annual Summit & Awards, where it was honored as the ‘Runner Up’ for the prestigious ‘Best Overall Performance’ Award among banking and financial sector lending companies nationwide.

The theme for this year’s summit, “Role of the Financial Sector in Making Viksit Bharat @2047,” emphasized the crucial role that the banking industry will play in advancing India’s economic ambitions over the next two decades. The summit served as a platform for discussions on strategies and initiatives necessary to bolster financial growth and sustainability in the country.

During the event, held in Mumbai last night, J&K Bank’s Zonal Head in Mumbai, Irfan Anjum, accepted the award in the ‘Small Banks’ category from Former Deputy Governor of the Reserve Bank of India, R. Gandhi. The high-profile gathering attracted a host of distinguished personalities, further elevating the significance of the occasion and reinforcing the Bank’s reputation in the financial sector.

In response to the accolade, Baldev Prakash, Managing Director and CEO of J&K Bank, expressed heartfelt gratitude for the recognition. He stated, “We are deeply honored to receive this acknowledgment from ASSOCHAM. This award is a testament to every member of the J&K Bank family, whose unwavering commitment and dedication to excellence are unmatched. This recognition reflects their tireless efforts.”

He further emphasized the Bank’s ongoing commitment to financial inclusion and its alignment with the nation’s vision for a developed India by 2047. Prakash remarked, “Our journey is driven by innovation and a customer-centric approach, and this recognition inspires us to aim even higher.”