CEC Kargil Inaugurates Canara Bank Branch at Baroo.

CEC Kargil Inaugurates Canara Bank Branch at Baroo.
Kargil, March 26, 2026: Hon’ble Chairman and Chief Executive Councillor, LAHDC Kargil, Dr. Mohd Jaffer Akhoon today inaugurated the Canara Bank branch at Baroo, Kargil.
Dr. Akhoon extended his congratulations to the entire team of Canara Bank for expanding their services in the region.
In his address, he emphasized the importance of inclusive banking and urged the bank officials to actively contribute towards the welfare of the people of Kargil through Corporate Social Responsibility (CSR) initiatives. He specifically highlighted the need for support in key sectors such as health, education, and other public institutions.
The CEC further encouraged the bank to design flexible and accessible financial systems so that local entrepreneurs, traders, and business communities can easily avail loan facilities, rather than limiting such benefits primarily to government employees. He also stressed the importance of promoting financial literacy, particularly among farmers and aspiring entrepreneurs, to strengthen grassroots economic development.
Regional Head, Canara Bank, Prasant Kumar, briefed the Chairman and other dignitaries about various banking schemes, including MSME loan facilities aimed at employment generation, housing loan interest rates, and other financial services offered by the bank.
The event was attended by Executive Councillor Kacho Mohammad Feroz, Councillor Haji Abass, Regional Head Canara Bank Prasant Kumar, Branch Manager Gulzar Hussain, and other officials of Canara Bank Kargil.