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MoneyWireJ&K Bank's gross advances rise 17.3% YoY as of Dec 31, deposits up 10.6%

J&K Bank's gross advances rise 17.3% YoY as of Dec 31, deposits up 10.6%

This story was originally published at 09:58 IST on 3 January 2026
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Informist, Saturday, Jan. 3, 2026

 

--J&K Bank: Gross advances INR 1.16 tln as on Dec 31, up 17.3% on year 
--J&K Bank: Total deposits INR 1.56 tln as on Dec 31, up 10.6% on year 
--J&K Bank: Total business INR 2.72 tln as on Dec 31, up 13.3% on year 
--J&K Bank: CASA ratio 44.10% as on Dec 31 vs 48.17% year ago 

 

NEW DELHI – Jammu and Kashmir Bank Ltd.'s gross advances rose 17.3% on year to INR 1.162 trillion as on Dec. 31, according to provisional figures released by the bank Saturday. The bank's total deposits were up 10.6% on year at INR 1.559 trillion as of Dec. 31.

 

The bank's current account savings account deposits rose 1.3% to INR 687.36 billion as of Dec. 31. The CASA ratio fell 407 basis points on year to 44.10% as of Dec. 31, the bank said in an exchange filing.

 

The Srinagar-based bank's total business grew 13.3% on year to INR 2.721 trillion as on Dec. 31. The lender's gross investment fell 2.1% on year to INR 405.36 billion.

 

For the quarter ended September, the bank had reported a net profit of INR 4.94 billion on a total income of INR 34.47 billion. On Friday, its shares closed 1.3% higher at INR 102.36 on the National Stock Exchange.  End

 

Reported by Shubham Rana

Edited by Vandana Hingorani

 

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