The Jammu & Kashmir Bank Limited — Others, 05-05-2025: Related Party Transactions
05-05-2025 | 07:45 pm
05-05-2025 | 07:45 pm
Jammu and Kashmir Bank Limited has announced related party transactions totaling ₹71.45 Cr for the half-year, mainly with its subsidiaries and associates. Key dealings include interest payments and receipts, reimbursements, and outstanding balances with its subsidiary Bank Ltd. Services Ltd. Executive remuneration and company secretary fees amounting to around ₹1.26 Cr were also disclosed. These transactions highlight the bank’s ongoing financial interactions within its group, providing insight into intra-group cash flows and governance for shareholders.
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