J&K Bank's Board approved raising up to ₹1,000 Crore in equity share capital via a Qualified Institutional Placement (QIP). The proposal remains subject to shareholder and regulatory approvals.
J&K Bank reached a 3 trillion business milestone with robust credit growth, though Q1 margins and profits were suppressed by opportunistic corporate lending and higher funding costs.
J&K Bank reports Q1 FY2027 performance with total business crossing ₹3 trillion. Strategy focuses on local market dominance in J&K/Ladakh while improving asset quality and digital presence.
Jammu & Kashmir Bank scheduled a board meeting for July 29, 2026. The meeting will consider unaudited financial results for the quarter ended June 30, 2026.
Jammu and Kashmir Bank proposes to divest a 0.50% stake in PNB MetLife for ₹120.1 Crore. The sale to MetLife International Holdings reduces its holding to 2.534%.
Jammu and Kashmir Bank announced postal ballot results. Shareholders approved the appointments of Mr. Ashish Kundra and Mr. Pravin Raghavendra to the Board with requisite majorities.
Jammu and Kashmir Bank submitted its quarterly Corporate Governance Report for Q2 2026, detailing board and committee composition. No financial or transactional disclosures are included.
J&K Bank appointed Mr. Rakesh Magotra as GCO/CCO for 3 years, replacing Mr. Peer Masood Ahmad. His extensive banking experience strengthens the bank's compliance leadership.
J&K Bank signed corporate agency deals with SBI Life and HDFC Life to distribute insurance via branches. No capital transaction or financial impact is disclosed.
Jammu & Kashmir Bank seeks shareholder approval via postal ballot for two director appointments. The e-voting period runs from June 12 to July 11, 2026.
J&K Bank submitted its Annual Secretarial Compliance Report for FY2026. The report confirms overall regulatory compliance with minor observations regarding a marginal delay in financial reporting.
J&K Bank reported record FY26 net profit of ₹2,363 Cr (up 13.5% YoY) and Q4 profit of ~₹800 Cr, driven by operating leverage and improved asset quality.
The Reserve Bank of India approved Kotak Mahindra Bank's proposal to acquire up to a 9.99% stake in Jammu and Kashmir Bank. The approval is valid for one year and is subject to compliance with Banking Regulation Act provisions. Kotak Mahindra Bank must maintain at least a 5% holding once acquired unless prior RBI approval is obtained.
J&K Bank reports record profits while navigating a challenging deposit environment. Management is aggressively balancing aggressive 17.3% credit growth with a focus on retail CASA to protect margins.
J&K Bank reports strong FY26 results with Net Profit up 13.5% YoY to ₹2,363.47 Cr. Strategy focuses on loan diversification and J&K UT market dominance (82.7% deposit share).
Jammu & Kashmir Bank Ltd reported its highest-ever annual profit of ₹2363.47 Crore for FY 2025-26, a 13% year-on-year growth. Key highlights include a 3.60% NIM, Gross NPA declining to 2.5%, and total business surging 13.61% to ₹2,90,341 Crore. The bank remains well-positioned for future growth with a strong CRAR of 16.55%.
Jammu and Kashmir Bank Limited reported its quarterly Statement of Deviation or Variation for funds totaling ₹2530.25 Crore raised through various issues. The bank confirmed zero deviation in fund utilization for the quarter ended March 31, 2026. The funds were deployed toward business growth, long-term capital requirements, and maintaining regulatory capital adequacy ratios.
Jammu and Kashmir Bank Limited disclosed related party transactions totaling ₹70.19 Crore for the half-year ended March 31, 2026. Major transactions include a ₹65.85 Crore fixed deposit from Jammu and Kashmir Grameen Bank and remuneration for key management personnel.
Jammu and Kashmir Bank Limited reported a consolidated net profit of ₹2363.47 Crore for the financial year ended March 31, 2026. The bank's standalone deposits reached ₹1,65,354.00 Crore, while advances stood at ₹1,22,641.02 Crore. The results, approved by the Board on May 5, 2026, reflect steady growth in key banking metrics.
The Jammu & Kashmir Bank Limited reported a consolidated net profit of ₹2,363.47 Crore for the financial year ended March 31, 2026. The bank's total consolidated assets stood at ₹1,88,959.75 Crore, reflecting steady growth. The Board of Directors took the audited results on record during their meeting on May 05, 2026.
The Jammu & Kashmir Bank Limited has scheduled a Board Meeting for May 5, 2026. The board will consider and approve the audited standalone and consolidated financial results for the year ended March 31, 2026. The trading window for designated persons remains closed until May 7, 2026.
Jammu and Kashmir Bank Limited has scheduled a Board Meeting for May 05, 2026, to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The bank's trading window remains closed until May 07, 2026.
Mr. Ambrish Kumar Mishra has ceased to be the Chief Vigilance Officer of The Jammu & Kashmir Bank Limited effective April 23, 2026. This change in senior management personnel was disclosed following the occurrence of the event.