Jammu and Kashmir Bank Ltd

Jammu and Kashmir Bank Limited informed the National Stock Exchange of India Limited and the BSE Limited that Ashish Kundra, IAS (DIN: 06966214), has resigned as a Non-Executive Non-Independent Director with effect from August 20, 2026, due to official engagements.

Jammu and Kashmir Bank Ltd announced that India Ratings and Research has reviewed and affirmed its Long-term Issuer rating as IND AA -/Stable and also affirmed its Basel III compliant Tier II bonds, initially issued with a size of INR 35,000 million, now reduced to INR 25,000 million, with a rating of IND AA -/Stable; no enhancements, assignments, or withdrawals were noted regarding either instrument.

Jammu and Kashmir Bank Limited will consider raising Tier I capital at a board meeting scheduled for August 11, 2026, the bank said in a filing to the National Stock Exchange of India Limited and the BSE Limited on August 5, 2026.

Jammu and Kashmir Bank Limited plans to raise capital (Tier I) through an unspecified mode, potentially including Rights Issue, QIP, or Preferential Allotment, the amount of which was not disclosed, subject to board approval at a meeting scheduled for August 11, 2026, as announced in a regulatory filing. The bank’s board will also consider other matters as per SEBI regulations.

J&K Bank posted a net profit of Rs 424.18 crore for the quarter ended June 30, 2026, the bank announced after a board meeting, with advances growing 25% year-on-year to Rs 130,503 crore and deposits increasing 17% year-on-year to Rs 173,420 crore, resulting in total business crossing Rs 3 trillion at Rs 303,923 crore. The bank’s Net Interest Income increased to Rs 1497 crore from Rs 1465 crore, while the Cost-to-Income Ratio improved to 58.90% from 60.75%, and Gross Non-Performing Assets declined to 2.37% from 2.50% sequentially, with the Capital Adequacy Ratio improving to 16.67%.

Jammu and Kashmir Bank has released a statement regarding the utilization of funds raised through various instruments including ESPS, QIP, and others, spanning from 2021 to 2023. The bank confirmed that there were no deviations in the utilization of these funds, which were primarily intended to meet the needs of growing business and maintain the Capital Adequacy Ratio as per the Reserve Bank of India’s guidelines. The filings were made for the quarter ended June 30, 2026.

Thangamayil Jewellery Ltd, Inox Green Energy Services Ltd, Sharda Cropchem Ltd and TD Power Systems Ltd are among the other losers in the BSE's 'A' group today, 29 July 2026.Jammu and Kashmir Bank Ltd tumbled 10.30% to Rs 159 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 14.86 lakh shares were traded on the counter so far as against the average daily volumes of 4.04 lakh shares in the past one month.Thangamayil Jewellery Ltd lost 10.00% to Rs 6461.4. The stock was the second biggest loser in 'A' group.On the BSE, 57256 shares were traded on the counter so far as against the average daily volumes of 16123 shares in the past one month.Inox Green Energy Services Ltd crashed 6.42% to Rs 181.6. The stock was the third biggest loser in 'A' group.On the BSE, 1.1 lakh shares were traded on the counter so far as against the average daily volumes of 71842 shares in the past one month.Sharda Cropchem Ltd corrected 5.99% to Rs 821.45. The stock was the fourth biggest loser in 'A' group.On the BSE, 46529 shares were traded on the counter so far as against the average daily volumes of 10326 shares in the past one month.TD Power Systems Ltd fell 5.94% to Rs 1046.3. The stock was the fifth biggest loser in 'A' group.On the BSE, 2.6 lakh shares were traded on the counter so far as against the average daily volumes of 1.03 lakh shares in the past one month.Powered by Capital Market - Live

Net profit of Jammu and Kashmir Bank declined 11.50% to Rs 428.80 crore in the quarter ended June 2026 as against Rs 484.53 crore during the previous quarter ended June 2025. Total Operating Income rose 8.50% to Rs 3547.48 crore in the quarter ended June 2026 as against Rs 3269.45 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Total Operating Income3547.483269.45 9 OPM %69.1267.56 - PBDT620.80659.36 -6 PBT620.80659.36 -6 NP428.80484.53 -12 Powered by Capital Market - Live

Jammu & Kashmir Bank will hold a meeting of the Board of Directors of the Company on 29 July 2026.

Thangamayil Jewellery Ltd, Astra Microwave Products Ltd, Inox India Ltd and Azad Engineering Ltd are among the other losers in the BSE's 'A' group today, 13 July 2026.Jammu and Kashmir Bank Ltd lost 4.97% to Rs 182.65 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 5.35 lakh shares were traded on the counter so far as against the average daily volumes of 3.14 lakh shares in the past one month.Thangamayil Jewellery Ltd crashed 4.11% to Rs 6269.75. The stock was the second biggest loser in 'A' group.On the BSE, 4129 shares were traded on the counter so far as against the average daily volumes of 15365 shares in the past one month.Astra Microwave Products Ltd tumbled 4.02% to Rs 1731.25. The stock was the third biggest loser in 'A' group.On the BSE, 28932 shares were traded on the counter so far as against the average daily volumes of 56232 shares in the past one month.Inox India Ltd dropped 3.94% to Rs 1899.95. The stock was the fourth biggest loser in 'A' group.On the BSE, 12339 shares were traded on the counter so far as against the average daily volumes of 43053 shares in the past one month.Azad Engineering Ltd pared 3.84% to Rs 2383.35. The stock was the fifth biggest loser in 'A' group.On the BSE, 64257 shares were traded on the counter so far as against the average daily volumes of 52504 shares in the past one month.Powered by Capital Market - Live