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J&K Bank to increase exposure to corporate borrowers, PSUs: MD Prakash

In a Q&A, Baldev Prakash said the lender will also target Mumbai, Bengaluru, Delhi, Pune and Mohali through tie-ups, and hold campaigns for retail asset/liability products in order to improve its CASA

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Jammu & Kashmir Bank | Q&A | Jammu and Kashmir

Nikunj Ohri  |  New Delhi 



Baldev Prakash, Jammu & Kashmir Bank (J&K Bank) MD and CEO
Baldev Prakash, Jammu & Kashmir Bank (J&K Bank) MD and CEO

Jammu & Kashmir Bank (J&K Bank) plans to increase its exposure substantially to high-rated small- and mid-scale corporate borrowers and AAA/AA-rated PSUs across the country. It has deputed its personnel for better management, creation of clusters in Mohali, Lucknow and to drive business productivity and growth, MD & CEO Baldev Prakash told Nikunj Ohri in an interview. The bank will also target Mumbai, Bengaluru, Delhi, Pune and Mohali through tie-ups, and hold campaigns for retail asset/liability products with a focus to improve its CASA. It is looking to collaborate with Fintechs to venture into areas like co-lending, digital on-boarding of customers, credit risk automation and data analytics. Excerpts:

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First Published: Mon, September 12 2022. 19:26 IST

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