Jammu & Kashmir Bank rises after Q1 business update; advances grow 26% YoY
Mumbai, July 2 -- Total business increased 20.36% year-on-year and 4.70% quarter-on-quarter to Rs 3,03,996 crore as of 30 June 2026.
Total deposits rose 16.75% year-on-year and 4.88% quarter-on-quarter to Rs 1,73,420 crore, while gross advances jumped 25.51% year-on-year and 4.48% quarter-on-quarter to Rs 1,30,576 crore.
CASA deposits stood at Rs 72,979 crore, up 7.48% year-on-year but down 3.31% quarter-on-quarter. The CASA ratio declined to 42.08% from 45.71% a year ago and 45.64% in the preceding quarter, a contraction of 363 basis points year-on-year and 356 basis points sequentially.
Gross investments increased 0.91% year-on-year and 5.78% quarter-on-quarter to Rs 43,706 crore.
The bank said the figures are provisional and subjec...
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