The Jammu & Kashmir Bank Limited — Others, 25-10-2024: Statement of deviation(s) or variation(s) under Reg. 32

Jammu and Kashmir Bank Limited has reported no deviations or variations in the utilization of funds raised through multiple preferential issues and other mechanisms totaling over Rs. 2,400 crores. All raised funds are being allocated as originally intended, aimed at supporting the bank's growth plans and maintaining capital adequacy in line with Reserve Bank of India guidelines. Regular audits confirm compliance with the stated objectives for all funding initiatives.