Jammu & Kashmir Bank Ltd.

NSE: J&KBANK | BSE: 532209 | ISIN: INE168A01041 | Industry: Banks
| Strong Performer, Under Radar
98.2400 5.09 (5.46%)
NSE Apr 16, 2025 15:31 PM
Volume: 5.1M
 

98.24
5.46%
ICICI Securities Limited
Instability in J&K; impacted business activities thereby keeping credit offtake muted and operational performance subdued. Operating profit was at | 336 crore, down 21% YoY largely due to flattish NII and lower other income. NII came in at | 875 crore, flat YoY, due to muted credit growth & decline in margins. Reorganisation in state related slippages and thereby higher provision led to loss of | 917 crore in Q2FY20 and de-growth of 52% YoY to ~| 49.6 crore in Q3FY20. Impact on business activities and repayment ability of borrowers led to asset quality deterioration on exposure in Jammu &...
Number of FII/FPI investors increased from 156 to 183 in Mar 2025 qtr.
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