NEW DELHI: Jammu & Kashmir Bank has been conferred with the prestigious ‘Best MSME Bank – Winner’ award at the MSME Banking Excellence Awards 2025, while also securing the Runner-Up position in the ‘CSR Initiative & Business Responsibility’ category.
The awards recognise banks for exemplary performance and best practices in promoting Micro, Small and Medium Enterprises (MSMEs), corporate social responsibility and sustainable business models.
Union Minister for Commerce and Industry Piyush Goyal presented the awards at a high-profile ceremony held in New Delhi. The awards were received on behalf of the Bank by Chief General Manager (Business Development) Sunit Kumar and GM/Divisional Head (ROI) Khursheed Muzaffar.
Expressing happiness over the national recognition, MD & CEO of J&K Bank Amitava Chatterjee said the honour reflects the Bank’s sustained commitment to the MSME sector and impactful CSR initiatives. He thanked the organisers and the distinguished jury, while appreciating the dedicated efforts of the Bank’s MSME team and CSR functionaries for their strong on-ground engagement.
Highlighting MSMEs as a strategic focus area, the MD & CEO said that in line with national development objectives and regulatory expectations, MSME financing remains a top priority for the Bank. He noted that J&K Bank is exclusively implementing the UT Government’s flagship Mission YUVA programme, aimed at creating 1.37 lakh enterprises over the next five years, generating employment opportunities for 4.25 lakh youth.
Reaffirming the Bank’s commitment, he said J&K Bank continues to support entrepreneurs through tailored financial solutions, simplified processes, digital interventions and continuous handholding, particularly in its core geography, while steadily expanding its MSME portfolio nationwide.
On CSR, Chatterjee stated that the Bank’s initiatives are closely aligned with national development priorities, with a focus on education, healthcare, environmental sustainability, skill development and livelihood generation, ensuring that growth translates into meaningful social impact.
Pertinently, the jury for the awards was chaired by former Supreme Court Judge Justice Deepak Verma, with the evaluation conducted by the knowledge partner CareEdge Ratings under the aegis of the Chamber of Indian Micro, Small and Medium Enterprises.
