SRINAGAR, Oct. 24 -- Chairman and Managing Director, Jammu and Kashmir Bank Ltd, R.K. Chhibber today called on the Governor, Satya Pal Malik here at the Raj Bhavan and held detailed deliberations on the overall health of the bank.

Shri Chhibber briefed the Governor about various initiatives taken by the Bank to further stimulate its functioning vis-a-vis improving customer services and safe-guarding their financial interests. He also spoke in length on the public perception that has been created in some circles regarding the merger of the J&K Bank and informed that the fundamentals of the Bank are very strong and there is no such move contemplated in the near future.

The Chairman informed that the recent crisis of the Punjab and Maharasht...