The Jammu & Kashmir Bank Limited — Board Meeting, 20-01-2025: Outcome of Board Meeting

Jammu and Kashmir Bank Limited has announced a board meeting where the reviewed financial results for the quarter and nine months ended December 31, 2024, were discussed and recorded. The reported total income for the quarter is ₹3,451.71 crore, with a net profit of ₹531.92 crore after tax expenses. The bank's capital adequacy ratio stands at 15.18%. The meeting highlighted a provision of ₹147.48 crore on sub-standard accounts and a gross NPA ratio of 4.06%. The financials reflect prudent management decisions amid evolving market conditions.