Jammu & Kashmir Bank Ltd.
NNSE:J&KBANKCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- CEO
- Amitava Chatterjee
- Full Time Employees
- 11,935
- Sector
- Finance
- Industry
- Regional banks
- Address
- 1999 Bryan Street Srinagar TX India 75201
- IPO Date
- Aug 3, 1998
- Website
- jkbank.com
- Similar Companies
- Business
- Jammu and Kashmir Bank Limited Jammu and Kashmir Bank Limited provides a comprehensive range of banking and financial services through its treasury operations, corporate/wholesale banking, retail banking, and other banking segments; offers deposits including savings accounts, current accounts, term deposits, and fixed deposit receipts; extends loans such as housing loans, car loans, personal loans, business loans, educational loans, agriculture loans, and project finance; issues debit cards, credit cards, and insurance products via bancassurance partnerships; and provides digital banking solutions alongside stock broking through its wholly owned subsidiary JKB Financial Services Limited. The bank operates a network of over 1,014 branches, 1,424 ATMs, and 98 Easy Banking Units across 20 states and 4 Union Territories in India, with a primary focus on the Union Territories of Jammu & Kashmir and Ladakh where 839 branches are located, alongside 138 branches elsewhere and sponsorship of Jammu and Kashmir Grameen Bank holding a 35% equity stake, which commenced operations on 1 May 2025 across 20 districts in Jammu & Kashmir and 2 districts in Ladakh. Founded in 1938 and headquartered in Srinagar, Jammu & Kashmir, the bank maintains tie-ups for insurance with PNB Metlife, Bajaj Allianz, IFFCO Tokio, LIC, and recently New India Assurance Co. Ltd. in 2024; expanded its branch network by adding 15 new branches and 3 Easy Banking Units during FY 2024-25 to reach 1,019 branches total; announced a 215% dividend at its 87th AGM; appointed S. Krishnan as Chairman and Amitava Chatterjee as MD & CEO; and reported total business growth to Rs. 10,450.25 crore as of 31 March 2025 while achieving a rating upgrade to IND AA- (stable) by India Ratings in August 2024.
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