Srinagar, Nov 4, Nov. 5 -- Jammu and Kashmir Bank has issued auction notices for 302 mortgaged properties between April 2025 and November 3, 2026, as it moves to recover non-performing assets (NPAs), triggering concerns among business organisations over mounting financial distress in the region. The properties, including residential, commercial and industrial assets, are being auctioned under the SARFAESI Act after borrowers allegedly failed to repay outstanding loans. The figures are based on public notices available on the bank's website. Bank officials said auction notices from previous years were also high in number.Although JK Bank has reported overall profits, traders and industrialists say businesses across Kashmir are struggling w...