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No splitting of Chairman, CEO positions in JK Bank: Govt

KT NEWS SERVICE. Dated: 9/12/2018 12:02:47 PM

SRINAGAR, Sep 11: The state government has strongly denied the speculative reports regarding splitting of the positions of the Chairman and CEO in the J&K Bank.
“There is no such proposal under the consideration of the government,” an official spokesman said.
The spokesman made it clear that all the decisions regarding the affairs of the J&K Bank are taken by the bank’s Board of Directors under the regulatory framework laid down by the Reserve Bank of India (RBI).