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Making J&K Bank as PSU, will affect its financial aspects: Er Rasheed

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Srinagar :  Chairman Awami Ittihad Party (AIP) and former legislator from Langate Er Rasheed along with supporters on Monday held a sit-in outside Jammu and Kashmir Bank’s corporate headquarters against the government decision to treat the bank as a Public Sector Undertaking.

Rasheed, J&K bank was the only autonomous financial institution and the government’s decision to treat it as PSU, will affect the bank’s financial aspects.

The protesters while holding banners and placards chanted slogans against the J&K Government and State Administrative Council which is headed by Governor SP Malik.

The protesters led by Rasheed demanded the immediate rollback of the State Administrative Council decision.

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