Yasha Mudgal felicitates top achiever branches of Citizens Cooperative Bank Limited
JAMMU, JULY 10: Secretary Cooperatives, Yasha Mudgal, today felicitated the top four achiever branches of Citizens Cooperative Bank Limited (CCBL) during a function organized by the Bank.
?The Cooperative Banks over the years have evolved into banking institutions who have not only boosted the primary sector economy but played a great role in bringing social transformation and financial inclusion?, maintained Yasha Mudgal while appreciating CCBL for steering the Institution towards rapid progress.
Managing Director of the bank, Rajesh Tandon, highlighted the objectives and role of the Bank in the service of urban banking to Jammuities. He stated that bank came into existence in the year 1978 with its 1st Branch-cum Head office at Moti Bazar which later attained growth to 11 branches and 4 Extension Counters with independent Head Office-cum-Administrative Office.
He also apprised that the bank at present is under the management and control of Board of Administrators headed by its Chairperson, Dr. Arun Manhas, along with three members including Rajneesh Mahajan, Assistant Vice President J&K Bank, Rajat Mengi, CA and Deepika Mahajan, Senior Advocate.
The Bank for the last four decades has catered to the needs of its clients and depositors by extending financial assistance for several works like construction of houses, purchase of vehicles, expansion of Trade & Commerce including establishment of Industries and SSI units.
