J&K Bank, state’s premier financial institution, on Saturday announced the recruitment drive for positions of Probationary Officers and Banking Associates.
The bank has announced the recruitment drive in order to support the state centric business expansion and optimization of banks business in rest of India by expanding in the selected areas. The bank has already crossed business of Rs 150,000 Cr mark.
The announcement is a major relief for unemployed educated youths in the state who are facing limited job opportunities as JK Bank is the second largest employment generator in the state. Currently, Bank is facing shortfall of staff owing to accumulated vacancies impending due to superannuation, resignations and opening of new Business Units over the past year and has been rationalizing staff available to meet immediate needs, said the spokesman.
The spokesperson stated that the Bank’s Board is contemplating Campus Recruitments in all leading Institutions across the state besides other measures to induct meritorious and talented youths in a fair & transparent manner to meet the immediate shortfall in its manpower.
Interacting with the media, the Chairman and CEO of Bank Parvez Ahmed who successfully completed two years in Bank Leadership said, “The Bank has successfully undertaken the journey of transformation and turnaround with transparency and resilience at the heart of all policies adopted.
The strategic shift in our business model to retail and AAA rated corporate over the past two years have enabled the bank to cross 150000 Cr business mark as on 30th of September 2018 with J&K state business at 105000 crores. ”
The Chairman further said, “The Bank is also ready to inaugurate 35 Ultra Small Branches called JK Bank Easy Payment Units in Leh to offer innovative banking services to around 111 villages of Leh and Ladakh region by the end of October, 2018.”
“As you know we are celebrating our 80th year of foundation with the theme of customer service and will be proactively reached out to the customers by more interactions to assess his needs and fulfilling the same to enhance his experience with our bank. We intend to create a strong brand in customer service which should be recognised globally” he added.
The Chairman concluded , “NPA recovery to reduce the provisioning costs and unlocking of provisions will remain our thrust area as the banking industry is entering a tight liquidity regime wherein margins are likely to shrink and we need to contain the higher provisioning costs to protect our profitabilty.”