Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Company News

Jammu & Kashmir Bank Ltd
J&K Bank gains after board clears Rs 1,250-cr fundraising plan
Nov 27,2025
The bank will raise up to Rs 750 crore in one or more tranches through a Qualified Institutional Placement (QIP), subject to shareholder approval and applicable regulatory clearances.

Additionally, the board has approved raising up to Rs 500 crore via non-convertible, redeemable, unsecured, Basel III-compliant Tier II debentures on a private placement basis, pending requisite regulatory approvals.

J&K Bank offers banking services under the three major divisions as support services, depository services, and third-party services.

The bank reported a 1.91% jump in net profit to Rs 494.11 crore on a 2.04% decline in total income to Rs 3,446.71 crore in Q2 FY26 over Q1 FY26. On a year-on-year (YoY) basis, the company’s net profit declined 10.31%, and revenue rose 0.79% in Q2 FY26.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise