JK Bank opens 786th branch

Srinagar: As part of its policy to expand footprints outside the state, J&K Bank today commissioned a state-of-the-art business unit at Santa Cruz in Mumbai, financial heart of the country. With this the total number of bank’s business units reached 786. Together with 815 ATMs, the bank’s total number of touch-points across the country is 1601. Notably, the bank plans to expand its presence at the strategically located places within the country. Meanwhile, the people in Kashmir, particularly the business community has welcomed the initiative of the bank to expand its network across the country. “By having yet another branch at Mumbai would facilitate the business community having trade links with the financial capital of the country,” the traders said in a statement.