J&K Bank awarded Jamnalal Bajaj Uchit Vyavahar Puraskar
By Our Banking Bureau | 28 Mar 2003
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New Delhi: Jammu & Kashmir Bank has been selected by the Council for Fair Business Practices (CFBP) for Jamnalal Uchit Vyavahar Puraskar 2002 in the category of Trade / Service-Large Organisation for following fair business practices and in recognition of the bank's commitment to social obligations.
CFBP was established in 1996 by late J R D Tata, late Ramakrishna Bajaj and others like Arvind Mafatlal and F T Khorakiwala for formulating a code of conduct for businessmen.
To promote fair business practices and recognise commitment of organisations to their social obligations, CFBP every year selects organisations for Jamnalal Bajaj Uchit Vyavahar Puraskar from manufacturers, traders and trade associations for following fair trade practices.
J&K Bank was incorporated in 1938 by the then government as its promoter, to bolster the economy of the state. Today the bank has emerged as one of the leading commercial banks of India, with its branch network spread across the length and breadth of the country.
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