ICICI Securities Ltd | Retail Equity Research Jammu & Kashmir (J&K;) Bank has a dominant position in J&K; with ~65% of market share in terms of advances and deposits. For the bank, ~51% of advances and 80% of deposits are being sourced from the state. Within J&K;, the bank has been able to garner higher NIM of 6% and above, which aided overall performance. In the recent past, a slowdown in J&K; state and corporate slippage led to a moderation in credit growth as well as increased stressed asset accretion impacting profitability. However,...