ALPHA TRIBE

The Jammu & Kashmir Bank LimitedImportant, 07-07-2025: General Updates

07-07-2025 | 02:03 pm

Jammu and Kashmir Bank has announced a board meeting to approve the financial results for the quarter and half-year. Total business grew 9.5% year-on-year to ₹2.50 lakh crore, driven by a 12% rise in deposits to ₹1.49 lakh crore. CASA deposits increased 2.9% but the CASA ratio declined 406 basis points to 45.7%. Gross advances rose 5.5% to ₹1.04 lakh crore, while gross investment jumped 27.5% to ₹43,311 crore, indicating stronger asset deployment and deposit growth momentum.

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