J&k Bank Branch court road magam Advances section defunct from last 4 months . Budgam :Traders federation magam , students union and contractors association is up against j&k bank authorities owing to the advances section in one of its branch in magam being defunct from last more than 4 months . As a result of this people from various walks of life are facing acute problems of advances from the branch . Business feternity that had completed all the formalities for taking advances from the branch are unable to start and proceed in their respective businesses ventures. On the other hand students are unable to finalise their education loans due to the defunct branch section. Despite written complaintes from traders federation J&k bank higher ups constantlyseem not Interested in addressing this public grevienc alleged traders federation Magam . Bank sources said this grave issue is in the branch prevailing from last more than four months . As four months back four employees of the said branch were transferred in intervals to Banks Corporate office , but their transfer was not substituted at all . Bank sources futher reveal that higher ups have all the knowledge about the problem but unfortunately nothing positive has been done in this regard. Pertinently traders federation magam and business feternity have warned protests against the bank authorities if their problem is not addressed soon.
Posted on: Tue, 26 Aug 2014 12:38:00 +0000
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