SRINAGAR — Jammu and Kashmir is reaping the dividends of peace with strong indicators suggesting that the Union Territory’s economy is getting back on track after multiple setbacks, including Pahalgam terror attack, said Jammu and Kashmir Bank Managing Director and Chief Executive Officer Amitava Chatterjee. In an exclusive interview with PTI, Chatterjee said while traffic […]
SRINAGAR — Jammu and Kashmir Bank on Wednesday reported an 11.5 per cent decline in net profit at ₹428.80 crore in the first quarter of the current fiscal. The private sector lender had a consolidated net profit of ₹484.53 crore in the April-June quarter of FY26. Total income of the bank rose to ₹3,765 crore […]
JAMMU — The Economic Offences Wing (EOW) of the Crime Branch, on Monday, filed a chargesheet against a Budgam resident for allegedly cheating job aspirants by issuing forged appointment orders of J&K Bank in a fake recruitment scam, officials said. The chargesheet was presented before the court of the Special Mobile Magistrate Jammu against Ghulam […]
SRINAGAR (KIMS) — J&K Bank on Thursday signed a strategic Memorandum of Understanding (MoU) with the Directorate of Census Operations, Jammu and Kashmir and Ladakh, to collaborate on media, publicity and public awareness activities for the Population Enumeration phase of Census 2027. According to a statement issued by the Bank, the partnership is the first […]
SRINAGAR — The Jammu and Kashmir Bank on Thursday said its total business has crossed the Rs 3 trillion mark in the first quarter of this fiscal, driven by over 16 per cent growth in deposits and more than 25 per cent growth in gross advances. The Bank has registered total business of Rs 3.04 […]
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 […]