J&K Bank transfers regional heads


Jammu, May 19:   Jammu and Kashmir (J&K) Bank Ltd. today made some transfers at the regional level.

The J&K Bank has chosen M Maqbool Lone to head its South Kashmir Operations in place of M Younis Pattoo. Mumbai Operations would be headed by P K Tiku and S S Sehgal will be new president to head as new Advances across India excluding J&K.

J&K made this transfers after the yearly results of J&K Bank that was announced on Saturday in which the Bank said its net profit in 2014-15 declined by nearly 57 percent at Rs.508.6 crore against Rs.1,182.47 crore in 2013-14.

(-With inputs from Online Media Sources)