CU Kashmir inks pact with JK Bank

VC CUK, Bank chairman inaugurate ATM inside Green Campus

Ganderbal, May 8: To provide modern banking facilities, services and solutions to the students, staff and other stakeholders, the Central University of Kashmir (CUK) Wednesday inked a Memorandum of Understanding (MoU) with Jammu and Kashmir Bank (JKB) at Green Campus of the varsity here on Wednesday.
The MoU was signed by Registrar CUK Prof. Fayaz Ahmed Nikka and President S&IT J&K Bank Rakesh Gandotra in the presence of CUK Vice-Chancellor, Prof. Mehraj ud Din Mir and J&K Bank Chairman and CEO, Parvez Ahmed.
The MoU is intended to enable the two institutions to work together and help in better social change. Under the MoU the bank shall be providing better banking services to the students, staff and faculty of the University.
Deans of various faculties, Director Research and Development, Prof. Abdul Gani, Controller of Examinations, Prof. Parveen Pandit, senior functionaries of the university, Executive Presidents of J&K Bank, P K Tickoo and Rakesh Chibber and President S&IT, Rakesh Gandotra were also present on the occasion.
While delivering his presidential address, the Vice-Chancellor Prof. Mehraj-ud-Din said that the people of Jammu and Kashmir consider J&K Bank as its own bank, adding that the masses have rich personal experiences of dealing with the officials of the J&K Bank in their respective branches and offices. He lauded the Chairman and CEO, J&K Bank, Parvez Ahmed, for taking the bank to the newer heights and said the institution was moving ahead under his leadership. He said the J&K Bank has adopted all the modern technological advancements in banking for the benefit of the customers. He said the J&K bank is playing a vital role in providing employment opportunities to the youth of the State.
Prof. Mehraj ud Din Mir described the MoU as a milestone in the history of CUK. He desired the bank to construct a state-of-the-art branch at the designated Campus at Tulmulla for which the land shall be made available by the varsity. He asked the Bank Chairman to partner CUK in its overall growth and development. Prof. Mehraj ud Din Mir also gave a detailed account about the functioning of the university and programmes offered.
Chairman and CEO, J&K Bank, Parvez Ahmed, described the signing of MoU as a momentous occasion and assured that the bank would provide every possible assistance to the students and other staff members with regards to the facilities mentioned in MoU. “The pearls of the ancient wisdom are that the secret of the change is to focus the energy building the new and not on fighting the old,” he said while referring to the building of relationship between the varsity and the bank. He also stated that the CUK’s academic approach with an objective to uplift and empower the society is in sync with the larger objectives of J&K Bank to empower every individual and household for the overall economic upliftment. Parvez Ahmed said that after taking over as Bank Chairman, his focus has been to develop strong linkages with institutions, particularly with educational institutions, which produce the future leaders. He said the bank understands the needs of the educational institutions and accordingly customizes its services.
Parvez Ahmed hailed the signing of MoU and said that this is just the beginning of the relationship which will go beyond the commercial consideration. “We will try that both the institutions grow and create new milestones for the benefit of the society,” he said and appreciated the staff of both the institutions for the breakthrough.