'J & K Bank has reported 8% decline in net profit at Rs 584.54 crore for the quarter ended March 2025 (Q4FY2025). The bank has posted healthy 13% growth in net interest income (NII), while the core fee income of the bank declined 24% in Q4FY2025. The Net Interest Margin (NIM) of the bank improved to 3.88% in Q4FY2025 compared to 3.77% in the corresponding quarter of previous year.
On business front, the bank as has posted improved 10% growth in business with 10% surge in loan book. The asset quality of the bank has improved in Q4FY2025. Bank has maintained stable credit to deposit ratio at 72.0% at end March 2025 from 72.0% at end March 2024. However, the CASA ratio of the bank has declined to 47.0% at end March 2025 from 50.5% at end March 2024.
Asset quality improves: The bank has improved asset quality in Q4FY2025.
The fresh slippages of loans declined to Rs 198 crore in Q4FY2025 compared with 322 crore in previous quarter and Rs 325 crore in the correspon...
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