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Jammu and Kashmir Bank profit jumps 36% as asset quality strengthens

Business
Published on 5 May 2026
Jammu and Kashmir Bank profit jumps 36% as asset quality strengthens

Record annual profit driven by sharper asset quality gains

Jammu & Kashmir Bank posted a 36% jump in Q4 profit, helped by improved asset quality and stronger operating profit. Annual profit reached a record high as advances and deposits grew steadily. The bank pointed to sustained demand and a sharper lending focus on retail, MSMEs, and agriculture to support growth and resilience.

  • Q4 profit rose 36% on improved asset quality
  • Operating profit increased, supporting stronger bottom-line performance
  • Annual profit hit a record high
  • Growth was backed by retail, MSME and agriculture lending
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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