Srinagar : In view of present COVID-19 pandemic, the Chairman of Ellaquai Dehati (ED) Bank Arshad-ul-Islam Thursday presented a cheque of Rs 4.73 lacs, one day salary contribution from the Bank staff towards ‘LG Cares Fund,’ to the Divisional Commissioner, Kashmir, Pandurang K Pole.
On the occasion, the Divisional Commissioner lauded the humanitarian gesture of the bank staff.
It was informed that Ellaquai Dehati Bank is a Regional Rural Bank sponsored by State Bank of India, which caters to the financial needs of the people in 13 districts of the UT of Jammu & Kashmir with more than 80% of its branch network in the rural areas.
The Bank has been contributing in the development of economy of the rural J&K UT through financing priority sectors like agriculture andMSME, which constitutes more than 90% of the total lending portfolio of the Bank.
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