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Jammu & Kashmir Bank (J&K Bank), incorporated in Jammu & Kashmir, India, is a publicly held banking company engaged in providing a wide range of banking services including Retail Banking, Corporate Banking & Treasury Operations.It is the only Private Sector Bank in the country assigned with responsibility of convening State/UT Level Bankers‚Äô Committee (SLBC/UTLBC) meetings.The Bank continued to discharge its lead…
Jammu & Kashmir Bank reported Q2 Net Profit of ₹494.11 Cr, down 10.3% YoY, with Net Interest Income marginally lower at ₹1433.99 Cr (-0.1% YoY). Despite this, the bank saw robust growth in total deposits, up 10.2% to ₹1,52,030 Cr, and net advances, rising 9.4% to ₹1,05,153 Cr. Asset quality...
**1. Financial Highlights:** J&K Bank reported a robust Q1 FY26, with Net Profit up 16.7% YoY to ₹484.84 Cr, driven by a 7% rise in Net Interest Income to ₹1,465 Cr. Deposits grew 12.1% to ₹1.48 L Cr, and Net Advances increased 6.1% to ₹1.01 L Cr. Asset quality improved...