The Jammu & Kashmir Bank Limited — Important, 05-05-2025: General Updates

Jammu and Kashmir Bank has announced a board meeting on the financial results for the quarter and half-year. The bank’s consolidated net profit rose to Rs. 581.91 Cr from Rs. 528.60 Cr, supported by a capital adequacy ratio of 16.38%. Advances and deposits increased to Rs. 104,184 Cr and Rs. 148,552 Cr respectively. The bank recognized Rs. 112 Cr from pension investment policy changes and provided Rs. 48.89 Cr impairment for J&K Grameen Bank. Fresh fraud cases of Rs. 198.15 Cr are fully provisioned. Proposed dividend is Rs. 2.15 per share.