IndusInd Bank is known for its customer-centric approach and innovative digital banking solutions. The bank has been recognized with numerous awards for its technological advancements and commitment to providing a seamless banking experience.
In recent years, IndusInd Bank has focused on expanding its digital offerings, launching user-friendly mobile banking apps and online platforms. This emphasis on digital innovation has enabled the bank to cater to the evolving needs of its tech-savvy customers.
Latest News on Jammu & Kashmir Bank
Billawaria launches Capital Small Finance Bank’s newest outlet in Digiana
A new branch of Capital Small Finance Bank was inaugurated at Digiana, Jammu, by Bharatiya Janata Party (BJP) Jammu-Kashmir general secretary and former Deputy Mayor Jammu, Baldev Singh Billawaria. The event was attended by senior bank officials, staff members, social activists, business community members, and local residents. Billawaria praised the bank for its efforts in providing simple, reliable, and accessible banking services to the common people, small traders, farmers, and entrepreneurs.
The new branch is part of the bank’s expansion plans, with existing successful operations in Kathua and Jammu city. Billawaria expressed confidence that the new branch will provide better access to financial services for the local population, simplifying transactions and supporting small traders, startup entrepreneurs, and youth in strengthening economic activities. He highlighted the Central Government’s commitment to financial inclusion, citing initiatives such as the Pradhan Mantri Jan Dhan Yojana, Digital India, and the MUDRA Scheme.
Billawaria emphasized that sustainable economic development requires adequate banking facilities, and the new branch will create local employment opportunities, boost small-scale businesses, and improve the region’s economic activities. The bank officials announced that the Digiana Branch will offer a range of modern and secure banking services, including digital banking, micro loans, savings and current accounts, and fixed deposits. The bank reiterated its commitment to delivering transparent, reliable, and prompt services to customers across all sections of society.
The inauguration of the new branch is expected to have a positive impact on the local economy, providing access to financial services and supporting the growth of small businesses and entrepreneurship. The event reflects the government’s focus on financial inclusion and the bank’s efforts to expand its services to underserved areas. With the new branch, the people of Digiana and surrounding areas can expect improved access to banking services, contributing to the region’s economic development and growth.
The net profit of J&K Bank decreased by 11% to ₹494.11 crore during the July-September quarter.
Jammu and Kashmir Bank reported an 11% decline in net profit to ₹494.11 crore in the July-September quarter of the current financial year. However, its earnings for the first half increased slightly to ₹978.95 crore. The bank’s total income rose to ₹3,447 crore in the quarter under review, and its net interest income (NII) for the first half was marginally up by 3.4% year-on-year at ₹2,899.43 crore.
Despite facing challenges such as the Pahalgam incident and floods, the bank’s MD and CEO, Amitava Chatterjee, expressed optimism about meeting its annual guidance. The bank made a total provisioning of ₹180 crore towards Jammu and Kashmir Grameen Bank during the first two quarters of the current financial year. Excluding this impact, the bank’s H1 profitability would be upwards of 15% year-on-year.
The bank’s asset quality showed improvement, with a decline in gross NPA ratio to 3.32% and a decrease in net NPA ratio to 0.76%. The Provision Coverage Ratio (PCR) remained above 90%, and the return on assets (RoA) stood at 1.17% for the half year. The bank’s deposits witnessed a growth of 10.23% year-on-year, and net advances increased by 9.38% to ₹10,5153 crore.
Chatterjee attributed the bank’s steady performance to its operational discipline and commitment to sustained, quality growth. The bank’s Capital Adequacy Ratio (CAR) stood at 15.27%, and it remains well-capitalized to support future growth opportunities. The bank is expanding its operations beyond Jammu and Kashmir, partnering with top-tier corporates across India, and sharpening its focus on building a gainful niche in the retail landscape outside the state.
Overall, the bank’s performance in the first half of the financial year affirms its confidence in achieving its annual guidance growth numbers. With a strong foundation of people, processes, and technology, the bank is steadily strengthening its pillars to ensure efficiency, resilience, and excellence in its operations. Despite the challenges faced, the bank’s MD and CEO remains optimistic about its progress and is committed to meeting its annual guidance.
Ten major banks are set to unveil their Q2 financial reports this Saturday, October 18, offering a glimpse into their performance.
On October 18, 10 banks in India, including both private and public sector lenders, are set to announce their September quarter earnings. The list of banks includes HDFC Bank, ICICI Bank, YES Bank, Punjab National Bank, IDFC First Bank, IndusInd Bank, IDBI Bank, The Federal Bank, RBL Bank, and J&K Bank. Other notable companies that will announce their Q2 earnings are UltraTech Cement, UTI AMC, SML Isuzu, and Can Fin Homes.
Analysts expect the Q2 earnings for India Inc. to rebound after a muted Q1, supported by a mix of cyclical and structural factors. The financial sector is expected to be a key driver of overall earnings growth. Banks and non-banking financial companies (NBFCs) are benefiting from steady credit demand across retail, agriculture, and MSME segments, while asset quality has remained stable. Despite slight pressure on net interest margins, profitability is being supported by healthy loan growth, controlled slippages, and recoveries from past stressed accounts.
In terms of asset quality, analysts expect a comfortable outcome for large banks, with private banks appearing to be more comfortable lending aggressively in unsecured segments such as credit card and personal loans. Mid-size banks are expected to see improvement in microfinance asset quality, although credit costs will remain elevated. The focus will be on forward flows in early delinquency buckets and X bucket collection efficiency.
Regarding margins, most analysts believe that margins have bottomed out in Q2FY26, but the decline will be limited for mid-size banks. Public sector banks are expected to witness relatively lower QoQ margin decline, while large private banks are expected to see a sharper decline. The net interest margin (NIM) for Axis Bank, which has already announced its Q2 earnings, came in at 3.73% for the quarter. The bank reported a 26% decline in standalone net profit to ₹5,089.64 crore annually for the quarter ended September 2025.
Overall, the Q2 earnings announcements are expected to be closely watched by investors, with a focus on asset quality, margins, and profitability. The financial sector is expected to be a key driver of overall earnings growth, and the performance of the banks will be closely monitored.
Stock Market Updates of Jammu & Kashmir Bank
Recent Updates
Jammu & Kashmir Bank Revises Valuation Grade in Response to Intensified Competition in the Banking Sector
The Jammu & Kashmir Bank has recently adjusted its valuation, providing insight into its current financial standing within the private sector banking industry. The bank’s price-to-earnings ratio is 5.50, and its price-to-book value is 0.80. Additionally, the bank’s PEG ratio is 0.35, indicating a favorable growth outlook relative to its earnings. This suggests that the bank is undervalued compared to its expected growth rate.
The bank offers a dividend yield of 2.00%, which is a relatively attractive return for investors. Its return on equity (ROE) is 14.56%, and its return on assets (ROA) is 1.26%. These metrics indicate that the bank is generating strong profits from its assets and equity. However, the net non-performing assets (NPA) to book value ratio is 5.61, which is a critical metric for assessing asset quality. This ratio suggests that the bank has a significant amount of non-performing assets, which could impact its future profitability.
In comparison to its peers, J&K Bank’s valuation metrics highlight a more attractive position. For example, Punjab & Sind Bank has a significantly higher price-to-earnings ratio of 19.42. Other competitors in the small-cap banking sector are classified as risky due to their loss-making status. This context underscores J&K Bank’s relatively stable performance and market position within the sector.
Overall, J&K Bank’s adjusted valuation and financial metrics suggest that it is a stable and attractive option for investors in the small-cap banking sector. Its low price-to-earnings ratio, favorable PEG ratio, and strong dividend yield make it a compelling choice for those looking for a relatively safe and profitable investment. However, the bank’s high NPA ratio is a concern that needs to be addressed to ensure long-term sustainability. Despite this, J&K Bank’s current valuation and financial performance make it a noteworthy option in the private sector banking industry.
Violent demonstrations break out in Rajouri amid accusations of embezzlement at Jammu and Kashmir Bank.
A protest broke out in the Palma area of Rajouri on Wednesday, sparked by an alleged fraud case at the local J&K Bank branch. The demonstration, which saw agitated residents blocking the Rajouri-Kotranka road, was a response to the discovery of the fraudulent activity, with protesters demanding the immediate return of their money and severe action against those responsible.
The protesters’ concerns were addressed by Rajeev Dhingra, the Deputy General Manager of J&K Bank in Rajouri, who announced the formation of a committee to investigate the matter thoroughly. Dhingra assured the public that strict action would be taken against anyone found guilty of wrongdoing, aiming to alleviate the concerns of the affected residents.
The local administration is closely monitoring the situation and is working in coordination with the bank to resolve the issue as quickly as possible. The authorities are taking a proactive approach to address the concerns of the protesters and prevent any further escalation of the situation.
The protest highlights the trust that the public has in the banking system and the expectation of transparency and accountability. The alleged fraud case has caused significant distress among the residents, who are demanding justice and the return of their hard-earned money. The J&K Bank and the local administration are under pressure to deliver a swift and satisfactory resolution to the issue, which has affected the daily lives of the people in the area.
The situation is being watched closely, and the outcome of the investigation and the subsequent actions taken by the authorities will be crucial in restoring the trust of the public in the banking system. The people of Rajouri are awaiting a resolution to the issue, and it remains to be seen how the J&K Bank and the local administration will handle the situation and prevent such incidents in the future.
J&K Bank bids a fond farewell to its Deputy General Managers, as reported by Rising Kashmir.
Jammu and Kashmir Bank bid farewell to two senior officers, Manju Gupta and Satish Kumar, who retired as Deputy General Managers (DGMs) after 36 years of service. A farewell function was organized at the Bank’s Corporate Headquarters, which was attended by the bank’s top officials, including MD & CEO Amitava Chatterjee, Executive Director Sudhir Gupta, and other senior officers.
During the function, MD & CEO Amitava Chatterjee praised the commitment and professionalism of both officers, stating that their “professional integrity, commitment, and gentle approach” had left a strong impression on their colleagues. He emphasized the importance of the bank’s leadership in shaping its future and thanked the officers for their dedicated service.
Manju Gupta, who was last posted as DGM (Government Business), expressed gratitude for the opportunity to serve the institution, saying that Jammu and Kashmir Bank had been “more than a workplace” for her, and that she was grateful for the love, respect, and support she received throughout her journey. Satish Kumar, who retired as DGM at Zonal Office Jammu, echoed similar sentiments, stating that his 36-year journey with the bank had been “one of learning and fulfillment” and that the relationships he built and experiences he gained would always remain close to his heart.
The event concluded with warm wishes for the future of both officers from their colleagues, acknowledging their valuable contribution to the bank’s growth story. The MD & CEO wished them a fulfilling post-retirement life, good health, and happiness, and thanked them for their service to the bank. The farewell function was a testament to the bank’s appreciation for the dedication and hard work of its employees, and a celebration of the officers’ long and distinguished careers.
Canara Bank contributes Rs 25 lakh to the Chief Minister’s relief fund to support families affected by the floods.
In a demonstration of solidarity with the people of Jammu and Kashmir affected by the recent floods, Canara Bank has donated Rs 25 lakh to the Chief Minister’s Relief Fund. The cheque was presented to Chief Minister Omar Abdullah by Manoj Kumar Das, Circle Head of Canara Bank, and Shri Prashant Kumar, Regional Head, in Srinagar. This contribution highlights the bank’s commitment to supporting communities in times of crisis.
According to Das, Canara Bank has always prioritized social welfare and goes beyond its banking duties to uphold this commitment. The donation is a small step towards supporting those who are rebuilding their lives after the devastating floods. The Chief Minister expressed his gratitude to the bank for its timely support, stating that the funds will be utilized to provide relief and rehabilitation to the families most severely affected by the floods.
This initiative is part of Canara Bank’s broader corporate social responsibility efforts, which encompass disaster relief, social upliftment, and community development across the country. The bank’s commitment to social welfare is evident in its efforts to support communities in need. By donating to the Chief Minister’s Relief Fund, Canara Bank is contributing to the relief and rehabilitation efforts in Jammu and Kashmir.
The recent floods in Jammu and Kashmir have had a devastating impact on the lives of many people, and the donation from Canara Bank is a welcome gesture of support. The bank’s contribution will help to provide relief and rehabilitation to those who have been affected by the floods, and it demonstrates the bank’s commitment to social responsibility. The Chief Minister’s Relief Fund will utilize the donated funds to provide assistance to the families most in need, and Canara Bank’s donation is a significant contribution to this effort.
Overall, Canara Bank’s donation to the Chief Minister’s Relief Fund is a positive step towards supporting the people of Jammu and Kashmir affected by the recent floods. The bank’s commitment to social welfare and corporate social responsibility is evident in this initiative, and it demonstrates the bank’s role in supporting communities in times of crisis.
Shutdown of Ganderbal ATM Causes Inconvenience to Merchants, Staff, and Residents
In the Ganderbal district of Jammu and Kashmir, a crucial ATM facility installed by the Jammu and Kashmir Bank at Kullan Gund Kangan has been out of service for the past three days. This has led to significant inconvenience for the local population, including traders, government employees, and regular account holders who heavily rely on this facility for their daily financial transactions.
The shutdown of the ATM has forced locals to travel to nearby towns, Gund or Kangan, to withdraw cash, which is not only time-consuming but also costly. Daily wage earners, shopkeepers, and salaried employees are among those affected, as they depend on the ATM for their routine financial needs. A local resident, Ali Muhammad, expressed his frustration, stating that customers are left with no option but to travel long distances, and he requested the bank authorities to ensure the ATM operates round the clock to save the community from repeated inconvenience.
Traders in the area are also concerned, as the cash crunch has disrupted their daily business transactions. With a growing reliance on cash for local trade, the absence of a functioning ATM has created a significant bottleneck in their routine dealings. Government employees residing in the area have echoed similar concerns, pointing out that salary withdrawals and urgent cash requirements have been affected. Many complained that despite being customers of the Jammu and Kashmir Bank, they are being forced to spend extra money and time to access their own funds.
The locals have urged the higher authorities of the Jammu and Kashmir Bank to ensure that the ATM in Kullan Gund operates on a 24×7 basis. They have stressed that the bank should strengthen its monitoring system to avoid repeated breakdowns, which cause distress to the public. The community is seeking a reliable and efficient banking service, and it is essential for the bank to address this issue promptly to avoid further inconvenience to the locals. The bank’s prompt attention to this matter will help restore the community’s trust and ensure that their financial needs are met efficiently.
J&K Bank fuels the aspirations of young minds, surpassing 5,000 sanctioned loans under the empowering Mission YUVA initiative
As part of the Indian government’s Mission YUVA initiative, J&K Bank organized multiple “Login Day” events across Jammu and Kashmir, distributing sanction letters to over 350 aspiring entrepreneurs. The events, which took place in various districts, marked a significant milestone, with the bank having handed out over 5,000 sanction letters under the program. The initiative aims to promote youth-led entrepreneurship in the Union Territory, with the goal of creating 1.37 lakh enterprises and 4.25 lakh jobs over the next five years.
Senior officers from district administrations attended the events, praising the bank’s proactive approach and encouraging beneficiaries to pursue their ventures with innovation and dedication. The events were presided over by various dignitaries, including Deputy Commissioners, General Managers, and Zonal Heads. In total, 356 sanction letters were handed out to young entrepreneurs, enabling them to launch new ventures and contribute to the local economy.
J&K Bank has prioritized processing youth entrepreneurship cases under its Yuva Udaan campaign, launched on July 4 by MD & CEO Amitava Chatterjee. The bank’s staff is working in mission mode to achieve the government’s targets, with a focus on supporting young entrepreneurs and helping them transform their ideas into sustainable businesses. The Mission YUVA initiative was launched by Chief Minister Omar Abdullah on June 28, and J&K Bank is playing a key role in its implementation.
The distribution of sanction letters is a significant step towards achieving the goals of Mission YUVA, and J&K Bank’s efforts are expected to have a positive impact on the local economy. By supporting young entrepreneurs, the bank is helping to create jobs and stimulate economic growth in Jammu and Kashmir. The events organized by the bank demonstrate its commitment to the initiative and its dedication to helping young people achieve their entrepreneurial dreams. With over 5,000 sanction letters already distributed, J&K Bank is making significant progress towards achieving the targets set out under Mission YUVA.
Canara Bank donates Rs 25 lakh to Chief Minister’s Relief Fund, reports Rising Kashmir
Canara Bank, a prominent public sector bank in India, has made a significant contribution to the Chief Minister’s Relief Fund in Jammu and Kashmir. The bank donated Rs 25,00,000 (Twenty-Five Lakh) to support and assist the people affected by the recent floods in the Union Territory. This generous donation aims to provide relief to those who have been impacted by the floods, which have caused significant damage and disruption to the lives of the people in the region.
The cheque was presented to Omar Abdullah, the Chief Minister of Jammu and Kashmir, by Manoj Kumar Das, the Circle Head of Canara Bank. Das was accompanied by Prashant Kumar, the Regional Head, and Sheikh Aaqib, Senior Manager. The donation is a testament to Canara Bank’s commitment to social responsibility and its efforts to contribute to the well-being of the communities it serves.
The recent floods in Jammu and Kashmir have caused widespread destruction, affecting thousands of people and causing significant damage to infrastructure and property. The Chief Minister’s Relief Fund has been established to provide assistance to those affected by the floods, and Canara Bank’s contribution will go a long way in supporting the relief efforts.
Canara Bank’s donation is a significant example of corporate social responsibility, demonstrating the bank’s commitment to giving back to the community. The bank’s contribution will help to provide essential support and assistance to those who have been affected by the floods, including food, shelter, and medical aid.
The presentation of the cheque was a symbolic gesture of Canara Bank’s commitment to supporting the people of Jammu and Kashmir during this difficult time. The bank’s officials, led by Manoj Kumar Das, were warmly received by the Chief Minister, who appreciated the bank’s generosity and commitment to social responsibility. The donation is expected to make a significant impact on the relief efforts, and Canara Bank’s contribution will be remembered as a gesture of goodwill and support for the people of Jammu and Kashmir.
Public faces inconvenience as ATM remains shut in Ganderbal’s Kangan area
The Jammu and Kashmir Bank ATM in Kullan Gund Kangan, Ganderbal district, has been out of service for three days, causing significant inconvenience to locals. The affected population includes daily wage earners, shopkeepers, and salaried employees who rely heavily on the ATM for their routine financial needs. Due to the shutdown, residents are forced to travel to nearby Gund or Kangan towns to withdraw cash, which is time-consuming and costly.
Locals have expressed frustration and concern over the issue, with many requesting the bank authorities to keep the ATM functional round the clock. Traders have also been affected, as the cash crunch has disrupted their daily business transactions. Shopkeepers have noted that the absence of a functioning ATM has created a bottleneck in their routine dealings, making it difficult for them to conduct business.
Government employees residing in the area have also been impacted, with many complaining that salary withdrawals and urgent cash requirements have been affected. Despite being customers of Jammu and Kashmir Bank, they are being forced to spend extra money and time to access their own funds. The locals have urged the higher authorities of the bank to ensure that the ATM in Kullan Gund operates on a 24×7 basis.
The repeated breakdowns of the ATM have caused distress to the public, and locals are stressing that the bank should strengthen its monitoring system to avoid such incidents in the future. The inconvenience caused by the shutdown has highlighted the importance of having a reliable and functioning ATM in the area. The locals are hoping that the bank will take prompt action to address the issue and ensure that the ATM is restored to service as soon as possible.
Overall, the shutdown of the ATM has had a significant impact on the daily lives of the residents of Kullan Gund Kangan, and it is essential that the bank takes immediate action to resolve the issue. By ensuring that the ATM operates on a 24×7 basis and strengthening its monitoring system, the bank can help to minimize the inconvenience caused to its customers and provide them with better services.
J&K Bank hosts Customer Meet in Noida, catering to Delhi Zone clients
Jammu and Kashmir (J&K) Bank recently organized a Customer Meet in Noida, India, as part of its strategic expansion plans. The event was attended by a diverse group of clients from Noida and surrounding areas, and was chaired by Managing Director and CEO, Amitava Chatterjee. The meeting aimed to strengthen relationships with existing clients, gather feedback, and upgrade the bank’s services to meet customer expectations.
During the meeting, Chatterjee emphasized the importance of building direct engagement with clients as the bank seeks to contribute half of its business from outside its home territory. He stated that the bank’s vision is to become a pan-India institution, with at least 50% of its business coming from markets outside Jammu and Kashmir. Chatterjee highlighted the significance of Noida and other business hubs in achieving this goal, citing the region’s emerging status as a hub of business and enterprise.
The Customer Meet provided a platform for the bank to connect with its valued clients, listen to their experiences, and gather feedback. Chatterjee noted that these interactions help the bank to improve its processes, products, and brand presence in competitive markets. The bank’s Divisional Head for Rest of India, Khursheed Muzaffar, also spoke about the bank’s expansion initiatives, which are driven by a balance of ambition and care. The bank aims to enhance accessibility for customers across high-growth regions while retaining its service ethos of trust, transparency, and personalized touch.
The event demonstrated J&K Bank’s commitment to deepening its relationships with clients and expanding its operations across India. By engaging with customers and gathering feedback, the bank can refine its services and products to meet the evolving needs of its clients. As the bank continues to push for growth and expansion, its focus on customer-centric banking services is likely to position it as a trusted partner for businesses and individuals in the region. Overall, the Customer Meet in Noida marked an important step in J&K Bank’s journey to become a leading pan-India institution.
Jammu and Kashmir Bank hosts Login Day events to foster entrepreneurship among young people, reports Rising Kashmir.
Jammu and Kashmir Bank recently organized successful Login Day events across several districts, including Srinagar, Udhampur, Anantnag, Pulwama, Budgam, Jammu, and Baramulla, as part of the Government’s Mission YUVA Program. The events aimed to empower youth by facilitating access to financial assistance and promoting entrepreneurship. A large number of aspiring youth participated in the events, which reinforced the Bank’s commitment to supporting young entrepreneurs.
During the events, a total of 240 sanction letters were formally handed over to beneficiaries to help them pursue entrepreneurial ventures. The events were chaired by senior officials of the Bank, including General Managers and Zonal Heads, and were attended by government dignitaries, including Deputy Commissioners and employment officers.
Speaking at the events, senior officials of the Bank emphasized the importance of empowering youth with financial tools and expert guidance to build a self-reliant economy. They also underscored the Bank’s commitment to providing timely guidance and financial assistance to help young entrepreneurs build sustainable businesses that contribute to the socio-economic development of the region.
The Government’s Mission YUVA Program aims to create over five lakh job opportunities in the next four to five years, and the Bank’s efforts are aligned with this goal. The program is designed to support youth entrepreneurship and provide financial assistance to eligible entrepreneurs to transform their ideas into viable and growth-oriented enterprises.
The events were well-received by the participants, and the Bank’s pro-active role in supporting youth entrepreneurship was lauded by government dignitaries. The Bank’s efforts are expected to have a positive impact on the socio-economic development of the region and contribute to the growth of the local economy. Overall, the Login Day events were a success, and the Bank’s commitment to empowering youth and promoting entrepreneurship is a step in the right direction.
J&K Bank inaugurates two new branches in Baramulla and Kupwara districts
Jammu and Kashmir Bank has expanded its services in the North Kashmir region by inaugurating two new branches. The first branch is located at Nanak Bhawan in Baramulla, and the second branch is in Bumhama, Kupwara. The inauguration ceremony was attended by General Manager and Divisional Head, Arshad Qadri, along with other senior officials of the bank, prominent citizens, local traders, and residents.
The Nanak Bhawan branch was inaugurated in person, while the Bumhama branch was e-inaugurated from the Nanak Bhawan branch. The ceremony was attended virtually by customers, senior citizens, and local residents from Kupwara. Speaking on the occasion, Arshad Qadri said that the expansion of the bank’s footprint in Baramulla and Kupwara reflects its commitment to serving customers in every part of the region. He added that the new branches will provide convenient banking solutions and strengthen the bank’s engagement with the local community.
The bank aims to enhance customer experience and financial inclusion through such expansions. Zonal Head, Tanveer Ahmad Najar, said that the new branches will act as catalysts for development and support local economic activities. The bank remains dedicated to providing accessible and responsive banking services to all sections of society. The customers and local residents who attended the ceremony appreciated the bank’s efforts and expressed their happiness over the commissioning of the branches.
They believe that the new branches will help them meet their financial goals and business aspirations. The bank’s expansion is expected to contribute to the overall economic development of Jammu and Kashmir. With the new branches, the bank aims to build deeper and more meaningful relationships with its customers by catering to their evolving financial needs. The inauguration of the new branches is a significant step towards enhancing banking access and services in the North Kashmir region.
Jammu and Kashmir Bank inaugurates new branches in Baramulla and Kupwara, expanding its presence in the region.
The Jammu and Kashmir (J&K) Bank has expanded its banking services in the North Kashmir region by inaugurating two new branches. The branches are located at Nanak Bhawan in Baramulla and Bumhama in Kupwara. The inauguration ceremony was attended by senior officials of the bank, local traders, and residents. General Manager and Divisional Head of Kashmir, Arshad Qadri, inaugurated the Baramulla branch, while the Bumhama branch was e-inaugurated from the Baramulla branch.
The new branches aim to provide convenient banking solutions and strengthen the bank’s engagement with the local community. The bank is committed to enhancing customer experience and financial inclusion through such expansions. The branches will act as catalysts for development and support local economic activities, providing accessible and responsive banking services to all sections of society.
The inauguration ceremony was attended by prominent citizens, local traders, and residents, who appreciated the bank’s efforts and expressed their happiness over the commissioning of the branches. They believe that the new branches will help them meet their financial goals and business aspirations. The bank’s expansion in the region reflects its commitment to serving customers in every part of the region.
The J&K Bank has reiterated its commitment to providing quality banking services and supporting the economic development of the region. The bank’s officials emphasized the importance of building deeper and more meaningful relationships with customers by catering to their evolving financial needs. The new branches are expected to play a significant role in promoting financial inclusion and supporting local economic activities in the North Kashmir region.
The bank’s expansion in the region is a positive development, and the new branches are expected to benefit the local community. The bank’s commitment to providing accessible and responsive banking services will help to promote economic growth and development in the region. The inauguration of the new branches is a significant milestone in the bank’s efforts to expand its footprint in the North Kashmir region and provide quality banking services to its customers.