SRINAGAR — In a significant step aimed at expanding pension-related services and improving accessibility for pensioners across Jammu & Kashmir, J&K Bank and Department of Pension & Pensioners’ Welfare (Government of India) today launched a collaborative initiative on the sidelines of the 59th Pre-Retirement Counselling (PRC) Workshop and 13th Bankers’ Awareness Programme held here at […]
SRINAGAR — The government of Jammu and Kashmir on Tuesday signed an agreement with J&K Bank to extend banking, insurance and credit-related benefits to daily-rated workers, contractual employees and other casual workers. The Memorandum of Understanding (MoU), aimed at bringing contractual employees, casual workers and daily-rated workers under a structured framework of banking convenience and […]
SRINAGAR — J&K Bank has bagged Gold award at the Finacle Innovation Awards 2026 in the category for “Modern Technologies-led Innovation – Data Insights & Analytics Platform”. Its MD and CEO Amitava Chatterjee, along with General Manager (Strategy & IT/CIO) Mohammad Muzaffar Wani, received the award at an event organised by Infosys Finacle in Mumbai, […]
JAMMU — Jammu and Kashmir Bank on Tuesday announced robust financial numbers for the October–December quarter of FY26, registering a 10.4 per cent rise in net profit annually and an 18.7 per cent growth sequentially. The bank’s net profit rose to Rs 586.73 crore in the latest third quarter from Rs 531.51 crore recorded in […]
SRINAGAR — Jammu and Kashmir Bank has provided loans to 10,000 youth under the Mission Yuva scheme in the Union Territory with an aim to make them economically self-reliant. In a major step towards promoting entrepreneurship and economic self-reliance among the youth, J&K Bank has achieved a milestone under the J&K government’s flagship Mission Yuva […]
SRINAGAR — Jammu and Kashmir Bank on Thursday said it plans to raise Rs 1,250 crore to strengthen its balance sheet and support its future growth plans. The Board of Directors of Jammu and Kashmir Bank have approved a fundraising proposals to this effect. In a regulatory filing, the Bank said that the capital raise […]
SRINAGAR (KIMS) — A delegation of the Kashmir Chamber of Commerce and Industry (KCC&I) on Thursday met J&K Bank Managing Director and CEO Amitava Chatterjee at the Bank’s Corporate Headquarters in Jammu. The delegation was led by KCCI President Javid Ahmad Tenga and included Executive Committee members Irfan Ahmad Guju, Afaq Sarwar, former President of […]
SRINAGAR — Jammu and Kashmir Bank, which crossed the Rs 2,000-crore profit mark in fiscal year 2024-25, aims to cross the Rs 5,000 crore profit milestone by 2030, its Managing Director and CEO Amitava Chatterjee has said. Chatterjee emphasized on the need for the bank to focus more on supporting the agriculture sector, while expanding […]
SRINAGAR — The terror attack on tourists in Pahalgam that killed 26 people might affect the local economy but it will not have much impact on Jammu and Kashmir Bank as the lender’s exposure to the tourism industry is around one per cent of the total portfolio, MD & CEO of the bank Amitava Chatterjee […]
SRINAGAR — Jammu & Kashmir Bank on Monday reported over 8 per cent decline in net profit to Rs 584.54 crore for the January-March quarter of 2024-25 compared to Rs 638.67 crore in the year-ago period. On a sequential basis, net profit rose by 10 per cent compared to Rs 531.51 crore in the previous […]