Home J&K Commissioner Secretary Cooperatives flags off Mobile ATM Vans in Srinagar

Commissioner Secretary Cooperatives flags off Mobile ATM Vans in Srinagar

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Srinagar, Dec 18, CNS: Secretary to Government Cooperative Department Abdul Majeed Bhat Tuesday inaugurated Mobile ATM Vans of Jammu Kashmir State Cooperative Bank.

   Chairman JKSCB MS Dar on the occasion informed Commissioner Secretary that the vans have been procured with the financial assistance from NABARD and are being used as alternate banking channels in unbanked areas as well as in financial literacy campaigns

   Commissioner Secretary Bhat also reviewed the functioning of Cooperative Banks in a meeting held at the corporate headquarters in Srinagar. The meeting was attended by Registrar Cooperatives Abdul Rehman Gassi, Chairman JKSCB MS Dar, MD JKSCB Muhammad Latif, Additional MD JKSCB Shabana Buchh, CEO’s of Anantnag central Cooperative Bank and Baraulla Central Cooperative Bank besides other senior officers.

   While addressing the meeting Commissioner Secretary said that the primary goal of Cooperative credit structure is to seek socio economic upliftment of the deprived strata of the society. He said the role of Cooperatives is paramount in improving the earnings and living standard of rural populace. He stressed upon all to work tirelessly to transform the cooperative credit structure into a vibrant and efficient credit flow channel.(CNS)