Rediff News
All News
News APP

NewsApp (Free)

Read news as it happens
Download NewsApp  » News » Quake: J&K Bank plans relief package

Quake: J&K Bank plans relief package

Source: PTI
October 08, 2005 16:18 IST
Get Rediff News in your Inbox:

Jammu and Kashmir Bank on Saturday said it would work out a financial package for the quake hit areas of Jammu and Kashmir and keep its branches in Uri, Kupwara and Baramulla open on Sunday to facilitate banking operations for the people.

"We are told that the death toll is between 100 and 150. We will start langars to provide free food for people in the quake-hit areas from tomorrow (Sunday) and work out a financial package at lower interest for those effected by the earthquake," chairman and managing director of the bank Haseeb Drabu told PTI.

He said Uri, Kupwara and Baramulla were the worst-hit areas and all efforts would be made to provide rehabilitation measures by the bank. He said the bank would also function till late hours on Saturday in these areas.

While the first stage of assistance would come in the form of providing essential relief operations, in the second stage the bank would work out financial packages for rehabilitation of the quake hit areas, Drabu said.

He said the executive director of the bank would coordinate the relief measures in the three areas.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2022 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.