Chairman, Ellaquai Dehati Bank (EDB), AK Razdan today inaugurated Bank's business centre at Tarigam Devsar in district Kulgam.
With this, the number of business units of EDB has gone up to 124.
While addressing on the occasion, Razdan said the Bank is playing an important role in the economic development of rural J&K, adding that the bank is going ahead with its policy of reaching out to the under privileged and down trodden who don't have the institutional financial services available and are being exploited by the money lenders.
He further said the opening of business unit at Tarigam is step towards the coverage of unbanked villages. This business unit is opened to provide solutions for all financial needs/services of the people in the area under one roof and at the doorsteps of the customers as envisaged by Government of India, Reserve Bank of India, NABARD and the State Government.
Earlier General Manager, SA Qureshi, in his address said the Bank has been discharging its duties and commitments in rural as well as urban areas of the State operating in thirteen districts. The bank has been playing an important role in the credit system of the State with focus on the agriculture, horticulture, dairy, trade, transport, tourism and other allied sectors.
With this, the number of business units of EDB has gone up to 124.
While addressing on the occasion, Razdan said the Bank is playing an important role in the economic development of rural J&K, adding that the bank is going ahead with its policy of reaching out to the under privileged and down trodden who don't have the institutional financial services available and are being exploited by the money lenders.
He further said the opening of business unit at Tarigam is step towards the coverage of unbanked villages. This business unit is opened to provide solutions for all financial needs/services of the people in the area under one roof and at the doorsteps of the customers as envisaged by Government of India, Reserve Bank of India, NABARD and the State Government.
Earlier General Manager, SA Qureshi, in his address said the Bank has been discharging its duties and commitments in rural as well as urban areas of the State operating in thirteen districts. The bank has been playing an important role in the credit system of the State with focus on the agriculture, horticulture, dairy, trade, transport, tourism and other allied sectors.
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