J&K Bank launches multi-function card for CUJ students

Tribune News Service

Jammu, September 15

Chairman and Chief Executive Officer, J&K Bank, Parvez Ahmed unveiled the multi-function campus card for students of the Central University of Jammu in the presence of Vice Chancellor Prof Ashok Aima on Thursday.

Executive president, J&K Bank, SS Sehgal, Dean, Student Welfare, CUJ, Prof Devanand, Registrar Ravi Kumar, Professor in charge, IIT, Jammu, Dinesh Pandya and students of the Central University of Jammu were also present on the occasion.

The card is the first-of-its-kind in J&K. The co-branded card of J&K Bank and CUK is chip based and operates both as a debit card and a smart card. Such cards are used globally in some educational institutions for multiple purposes such as student identity card, debit card and integrated access and attendance card.

Speaking on the occasion, the bank Chairman said: “We at J&K Bank share the thought process of cross-pollination of resources of the Industry and academia and were always ready to walk the proverbial extra mile to act as a catalyst in the development of society, especially in J&K. “We are seized of our responsibility not only to grow but also grow the market by creating an environment of business development by introducing the industry best practices in the state of Jammu and Kashmir. The design and launch of smart campus card on the request of the Vice Chancellor of the premier Central university is a perfect example of collaboration which has created this unique product,” Parvez said.

Appreciating the professional leadership of the J&K Bank chairman and his team in the business units, Prof Aima congratulated the team of the bank and the university which made the launch of the card possible in record time.

Later, on the request of the Vice Chancellor, the bank chairman announced instituting a J&K Bank Gold Medal for male and female overall toppers of the university, besides setting up an interdisciplinary J&K Bank Research Professor Chair for start-ups and entrepreneurs to harness the synergies that are likely to emerge due to complementary organisational goals and competencies that can benefit the region with its largely rural economy.