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Gaurav Narendra Puri

6th Oct · SEBI-Registered Analyst

J&K Bank Q2 Update: Investments, deposits, and loans increased over the previous year.

J&KBANK
On Monday, October 6, Jammu & Kashmir Bank Ltd. said that its total business for the second quarter of the current fiscal year (Q2 FY25-26) increased 9.89% year over year to ₹2,57,196 crore (provisional). In the same quarter previous year, total business, a measure of overall operational size, increased from ₹2,34,057 crore. The bank's gross advances increased from ₹99,242 crore to ₹1,07,945 crore, an 8.77% year-over-year increase. Additionally, gross investments increased significantly, rising 13.62% to ₹45,040 crore from ₹39,640 crore in the second quarter of last year.

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