Leh – J&K bank signs MoU to provide banking facilities to the UT employees: Union Territory Ladakh and the Jammu and Kashmir Bank Ltd signed a Memorandum of Understanding, MoU, to provide banking facilities to the UT employees. Under the MoU, J&K Bank would give the most favoured client status to the UT Administration as well as the active permanent employees who have their salary accounts in J&K Bank. MoU was signed in the presence of Lieutenant Governor, RK Mathur, in Leh. MoU also focuses on increasing awareness of banking facilities, J&K Bank also agrees to organize various financial literacy camps at its centres for UT employees.
December 2022 Current Affairs Quiz
J&K Bank would provide customized savings bank account services, including saving platinum, diamond, and gold cards, to permanent employees of UT Ladakh. Under the MoU, J&K Bank would give the most favoured client status to the UT Administration as well as the active permanent employees who have their salary accounts in J&K Bank
Aim: To increase awareness about banking facilities.