'J&K Bank has reported 10% decline
in net profit at Rs 494.11 crore for the quarter ended September 2025
(Q2FY2026). The bank has posted flat net interest income (NII), while the core
fee income of the bank declined 22% in Q2FY2026. The Net Interest Margin (NIM)
of the bank moderated to 3.56% in Q2FY2026 compared to 3.90% in the
corresponding quarter of previous year.
On business front, the bank as has posted 10% growth
in business with 9% rise in loan book. The asset quality of the bank has improved
Q2FY2026. Bank has reduced credit to deposit ratio to 71.0% at end September
2025 from 72.0% at end September 2024. CASA ratio of the bank has declined to 45.9%
at end September 2025 from 48.6% at end September 2024.
Asset quality improves: The bank has exhibited an improvement in the asset
quality in Q2FY2026.
The fresh slippages of loans declined to Rs 237 crore
in Q2FY2026 compared with 274 crore in previous quarter and Rs 256 crore in the
co...
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