Srinagar, Aug. 18 -- Further strengthening its institutional partnerships through customised employee-banking solutions, J&K Bank signed two Memoranda of Understanding (MoUs) under its Corporate Salary Package with FIL Industries Private Limited in Srinagar and Brahmrishi Bawra Shanti Vidya Peeth Higher Secondary School in Udhampur.

In Srinagar, Zonal Head (Srinagar) Sheikh Mohammad Muzaffar signed the agreement on behalf of J&K Bank, while Managing Director FIL Industries Junaid Altaf Bukhari represented the company. The agreement was signed in the presence of Cluster Head Syed Tasaduq Madni, Branch Head (SSI) Ubaid Ashraf and other senior officials from both organisations.

The MoU will bring nearly 600 employees of FIL Industries - on...