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JKB Financial Services to expand branch network

Jammu & Kashmir Bank Ltd. plans to expand the network of its unit JKB Financial Services Ltd. to 200 branches by the end of 2019 as part of efforts to enhance its investment services operations.

Under a four-year business plan, the lender said JKB Financial Services will expand to 75 branches by the end of 2018 and 200 branches by the end of 2019, from 10 branches currently, according to a June 4 release.

As part of the business plan, JKB Financial Services will also conduct a recruitment drive and invest in digital technologies.