The Jammu & Kashmir Bank Limited — Important, 04-04-2025: General Updates

Jammu and Kashmir Bank Limited has announced a board meeting to discuss the provisional financial results for the quarter and half-year. Total business grew by 10.61% year-on-year, reaching ₹252,779.14 cr. Total deposits rose by 10.24% to ₹148,569.50 cr, while CASA deposits increased by 2.60%. Gross advances also saw a 10.32% rise, totaling ₹106,986.16 cr, and gross investments grew by 16.05% to ₹41,783.74 cr. These figures indicate a solid operational performance, suggesting a positive outlook for investor sentiment despite slight declines in CASA percentage.