Tag: Congratulates

FCIK Congratulates JK Bank For Making All-Time High Profit

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SRINAGAR: The Federation of Chambers of Industries Kashmir (FCIK) congratulated JK Bank for making an all-time high net profit of 1197 Crores in the last financial year besides improving significantly upon all other banking parameters.
In a statement FCIK while attributing the remarkable achievement of the bank to its dedicated and hardworking management and staff, the apex industrial body said that the bank has improved its outlook towards accelerated regrowth of the J&K economy and high-end sustainability.
FCIK equally attributed the success and achievement of J&K Bank to its loyal depositors from Jammu, Kashmir and Ladakh whose deposits accounted for 88.20% of total deposits of Rs.122038 Crores with 6% growth from the last year. FCIK observed that this deposit profile has played an important role in maintaining the margins of the bank as the cost of these deposits stood at one of the lowest rates amoung the Indian scheduled commercial banks, implying lower than peers’ deposit costs @ 3.67%.
“Such a gesture depicted and displayed an emotional bonding of the people of UTJKL with the bank since its inception in 1938 which needed to be respected, maintained and enhanced further.
“The achievement is also attributed to the borrowers of the bank who have obtained loans from the bank and returned the same with one of the highest interest rates among the Indian scheduled commercial banks” observed FCIK adding that the bank might have been within its right to cover prevalent risk factors while overcharging their borrowers during turbulent times when all other banks had backed out from flowing credit to various economic sectors including MSMEs.
“Although the improvement upon Credit-Deposit ratio to 67.43% by the bank was fair yet it was much below the national average of 75%” observed FCIK adding that J&K Bank needed to fully concentrate on the increased credit flow to all economic sectors in UTJKL as it was observed that out of total advances of Rs.82285 a significant portion has been advanced to large corporate and other enterprises outside the Union Territory.
“The recoveries made from the NPA account holders after the launch of OTS-2022, Karz Mukti Scheme etc. have also aided in the increased profit earning of the bank”, observed FCIK adding that the profit could have increased further had the bank authorities conceded to the demand of FCIK and other business chambers for modification of the OTS schemes.
FCIK said that it was gratifying that the net NPA of J&K Bank stood just at 1.62% to net advances probably one of the lowest in the banking industry and that all borrowers of UTJKL were anxious to repay every penny of their loans borrowed from the bank on launch of a uniform, non-discriminatory OTS with trouble-free provisions and repayment schedule in consultation with the UT government and stakeholders. FCIK hoped that J&K Bank now initiated necessary steps towards launching such a policy which, among other things, could surely enable them to increase the current year’s profits to an all-time high by surpassing the profit figures of the previous year.

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#FCIK #Congratulates #Bank #Making #AllTime #High #Profit
( With inputs from : kashmirlife.net )

May 7, 2023
PM Modi congratulates Nita Ambani for the opening of NMACC in Mumbai

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New Delhi: Prime Minister Narendra Modi has congratulated Nita Ambani for the opening of Nita Mukesh Ambani Cultural Centre (NMACC), a first-of-its-kind, multi-disciplinary cultural space in the sphere of arts, that was launched in Mumbai recently.
In a letter dated on March 29, the Prime Minister said, “It is heartening to learn about the opening of Nita Mukesh Ambani Cultural Centre in Mumbai. Heartiest congratulations and greetings to everyone associated with the Cultural Centre on the occasion.
“It is indeed commendable that Smt. Nita Ambani Ji is leading this endeavour of the Ambani family with the aim of popularising our arts and culture. This showcases the unique Indian phenomenon of staying rooted to one’s roots while also being committed to progress.

“This endeavour will go a long way in making our art and culture accessible to a larger section of society and at the same time also encourage a vibrant socio-cultural interaction between different parts of the country and the world. I am positive that this Cultural Centre will provide a platform to budding artists and performers to showcase their talent, which in turn encourages more people to take up art professionally.
“Best wishes for the opening of Nita Mukesh Ambani Cultural Centre.”
Bollywood and Hollywood celebrities, sports personalities and other dignitaries were present at the Jio World Centre in Mumbai for the launch of the Nita Mukesh Ambani Cultural Centre last week.
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#Modi #congratulates #Nita #Ambani #opening #NMACC #Mumbai
( With inputs from www.siasat.com )

April 3, 2023
KCR congratulates Nikhat Zareen on winning gold at World Boxing Championship

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Hyderabad: Telangana Chief Minister K. Chandrasekhar Rao on Sunday congratulated boxer Nikhat Zareen on winning the gold medal in the 50 kg category finals of the Women’s World Boxing Championship in New Delhi.
Extending best wishes, he noted that Zareen, who won the gold medal with a 5-0 win over Vietnam’s boxer Nuyen, is a proud child of Telangana.
KCR, as Rao is popularly known, said that Zareen with her successive victories has once again demonstrated India’s popularity worldwide.
He said that it is a great moment that she won the second gold medal in her career in the world championship. He claimed that the Telangana government is committed to the development of sports and the welfare of sportspersons by encouraging them and will continue efforts in this direction.
PM Modi congratulates Nikhat Zareen
Prime Minister Narendra Modi on Sunday congratulated boxers Nikhat Zareen and Lovlina Borgohain for winning gold medals at the Boxing World Championships.
Congratulating Zareen for her spectacular victory at the World Boxing Championships to win a gold in 50 Kg light flyweight category, he tweeted: “Congratulations to Nikhat Zareen for her spectacular victory at the World Boxing Championships and winning a Gold. She is an outstanding champion whose success has made India proud on many occasions”.
Congratulations to @nikhat_zareen for her spectacular victory at the World Boxing Championships and winning a Gold. She is an outstanding champion whose success has made India proud on many occasions. pic.twitter.com/PS8Sn6HbOD
— Narendra Modi (@narendramodi) March 26, 2023
Both Zareen and Borgohain made it a golden Sunday for India at the Women’s World Boxing Championships in New Delhi.
While Zareen won the gold in the 50 kg category, Borgohain clinched the yellow metal in the 75 kg category.

Zareen registered a 5-0 victory in the final bout against Vietnam’s Nguyen Thi Tam to claim India’s third gold in the tournament before Lovlina Borgohain won the summit clash against Australia’s Caitlin Parker with a split 5-2 verdict.

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#KCR #congratulates #Nikhat #Zareen #winning #gold #World #Boxing #Championship
( With inputs from www.siasat.com )

March 27, 2023
Andhra CM congratulates ISRO for launch of largest rocket LVM3

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Amaravati: Andhra Pradesh Chief Minister Y. S. Jagan Mohan Reddy has congratulated Indian Space Research Organisation (ISRO) team for the successful launch of the largest rocket LVM3 carrying 36 satellites for Oneweb’s second venture propelling India’s capability on global space technology.
The success of LVM3-M3/Oneweb India 2 Mission stands as a milestone in Indian Space history, the Chief Minister said and wished ISRO all success in future endeavours.
Telangana Governor Tamilisai Soundararajan also congratulated ISRO chairman and team for the successfull launch. She tweeted that this has once again demonstrated capabilities of ISRO scientists to make “our nation proud on the visionary path of Prime Minister Narendra Modi”.
ISRO on Sunday successfully launched India’s largest Launch Vehicle Mark-III (LVM3) rocket/OneWeb India-2 Mission with 36 satellites onboard from Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh.
The 36 first-generation satellites weighing 5,805 kgs will be placed into a 450 kms circular orbit with an inclination of about 87.4 degree.
The LVM-III will deploy 36 satellites of the UK-based Network Access Associated Ltd (OneWeb) to Low Earth Orbit (LEO). The OneWeb Group Company has inked a contract with ISRO’s commercial arm NewSpace India Ltd to launch 72 satellites into LEO.
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#Andhra #congratulates #ISRO #launch #largest #rocket #LVM3
( With inputs from www.siasat.com )

March 26, 2023
AP: YSRCP congratulates Justice Nazeer on appointment as Guv

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Amaravati: Andhra Pradesh’s ruling party YSR Congress on Sunday congratulated former Supreme Court judge Justice Abdul Nazeer on being appointed as the state’s new governor.
YSRCP Parliamentary Party leader V. Vijayasai Reddy congratulated Justice Nazeer.
“Hearty congratulations to Justice Abdul Nazeer on being appointed as the governor of AP. His excellency’s rich and vast experience will help the people of the state. Wishing him a successful tenure,” tweeted Vijayassai Reddy.
Hearty Congratulations to Justice Abdul Nazeer on being appointed as the Governor of AP. His excellency’s rich and vast experience will help the people of the state. Wishing him a successful tenure. pic.twitter.com/OSHCUcvsFO
— Vijayasai Reddy V (@VSReddy_MP) February 12, 2023
Justice Nazeer succeeded Biswa Bhusan Harichandan, who was moved to Chhattisgarh Raj Bhavan.
Harichandan, a senior BJP leader from Odisha, had assumed office as governor in July 2019. He had succeeded E.S.L Narasimhan, who had been working as governor of Andhra Pradesh and Telangana after the bifurcation of Andhra Pradesh.
Justice Nazeer, who hails from Karnataka, was on the Constitution bench of the Supreme Court that delivered verdict in Ayodhya case.
He had served as Karnataka High Court judge and was elevated as Supreme Court judge in 2017.
Justice Nazeer was also on the full bench that delivered the verdict on the triple talaq controversy. He was one of the two judges who opposed the majority verdict banning triple talaq.

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#YSRCP #congratulates #Justice #Nazeer #appointment #Guv
( With inputs from www.siasat.com )

February 12, 2023
”Khatiya khadi kar di”: Amitabh Bachchan congratulates Women’s U-19 team on World Cup win

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Mumbai : Megastar Amitabh Bachchan never misses an opportunity to hail the victory of the women’s brigade.
Taking to Instagram early Monday, Amitabh Bachchan congratulated the Women’s U-19 team for being the World Cup champions.
Amitabh’s euphoria was visible in his caption, “INDIA CHAMPIONS !! Women’s U-19 world cup champions in cricket .. beat the British hands down ..khttiyaa khdd’ii kr dii khatiya khadi kar di .. INDIA A resounding victory .. the only sound you heard was INDIA INDIA INDIA !!!”
T 4542 – INDIA CHAMPIONS !! Women’s U-19 world cup champions in cricket .. beat the British hands down ..खटिया खड़ी कर दी khatiya khadi kar di ..
INDIA 🇮🇳🇮🇳🇮🇳 pic.twitter.com/hI71tDDXtA
— Amitabh Bachchan (@SrBachchan) January 29, 2023
India put up a terrific display in the final against England to emerge as the first-ever winners at the U-19 Women’s T20 World Cup on Sunday in South Africa.
India started their Under 19 Women’s T20 World Cup campaign with a seven-wicket victory over hosts South Africa. A dazzling 92 not out from Shweta Sehrawat spearheaded India’s dominant, seven-wicket victory over hosts South Africa, in their ICC Under-19 Women’s T20 World Cup Group D clash at Willowmoore Park in Benoni.
Earlier in January, Amitabh attended the PSG vs Al Nassr match and shared a video of him meeting football legends Lionel Messi and Cristiano Ronaldo before the match.
Sharing his thought in the caption, he wrote, “‘An evening in Riyadh .. ‘ what an evening .. Cristiano Ronaldo, Lionel Messi, Mbape, Neymar all playing together .. and yours truly invited guest to inaugurate the game .. PSG vs Riyadh Seasons .. Incredible !!!”
Meanwhile, on the work front, Amitabh was recently seen in the family entertainer film ‘Uunchai’ along with Anupam Kher, Parineeti Chopra and Boman Irani. Helmed by Sooraj Barjatya, the film got positive responses from the audience.

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#Khatiya #khadi #kar #Amitabh #Bachchan #congratulates #Womens #U19 #team #World #Cup #win
( With inputs from www.siasat.com )

January 30, 2023
JKMEGA Congratulates PW(R&B) Department For Recieving Award On Republic Day

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SRINAGAR: The J&K Mechanical Engineering Graduates Association (JKMEGA) on Thursday congratulated the entire team of PW(R&B) Department for receiving Award for Meritorious Public Service on 74th Republic Day, 2023 from the Government of Jammu and Kashmir and especially to the Team Leader Shailender Kumar, Principal Secretary to the Govt, PWD J&K, under whose able administration, the department has unleashed its potential to the fullest in various fields.
In a statement JKMEGA said that be it online billing mode via JKPWDOMAS, Regularization at various levels in Engineering cadre, Restructuring of the system by bringing more transparency and accountability, Re-organization etc. It is a superlative demonstration of the leadership and dedication towards the service of society, public deliverance and for engineering cadre.
“We at JKMEGA take this opportunity to thank Shailender Kumar (Principal Secretary to Govt, PWD) and his entire team of HRM for initiating the process of eradicating the menace of adhocism in the department,” said the statement.
“We humbly request that in the ongoing Re-organization of the R&B Department, due consideration be given to the demands put forth by the JKMEGA for proper utilization of Mechanical cadre and paving way for budding Mechanical Engineers to embrace the Government service providing mechanism. The Mechanical Engineering being the backbone of modern civilization and main component of establishment of incubation centers across different sectors has tremendous requirements in Health, Horticulture, Agriculture and its allied sectors, Ropeway Projects, Hydro Power Projects, Transportation, Material Testing, Electro-Mechanical Machinery and what not. We sincerely hope that the reorganization shall mark the beginning of new era of mechanization in service deliverables of the department and ensure fullest utilization of Mechanical Cadre in every sector,” said JKMEGA in a statement.

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#JKMEGA #Congratulates #PWRB #Department #Recieving #Award #Republic #Day
( With inputs from : kashmirlife.net )

January 26, 2023