The Jammu & Kashmir Bank Limited — Others, 26-08-2025: Shareholders meeting

Jammu and Kashmir Bank held its 87th Annual General Meeting, where shareholders adopted the audited financial statements for FY 2024-25. The Bank reported a record net profit of 2,082 Cr, an 18% increase, with total business crossing 250,000 Cr and advances reaching 100,000 Cr. Key metrics showed strong performance: GNPA at 3.37%, RoA at 1.32%, RoE at 17.37%, and capital adequacy at 16.29%. The Board proposed a 215% dividend for FY 2024-25, marking the third consecutive payout. Directors were re-appointed, and Secretarial Auditors confirmed. The Bank aims for 500,000 Cr business and 5,000 Cr net profit by 2030, driven by digital innovation and efficiency.