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Business
Jammu Kashmir Bank Q2 Profit Climbs 10.6% to ₹546 Cr, Bad Loans Drop to Decade‑Low
✍️ Kashmir Life
🗓 23 Oct 2026, 05:37 AM
👁 23
Jammu Kashmir Bank reported a 10.6% rise in Q2 profit, reaching ₹546 crore, while its bad loan ratio fell to the lowest level in ten years.
Jammu Kashmir Bank announced that its profit for the second quarter of the financial year rose by 10.6% to ₹546 crore, up from ₹492 crore in the same period last year.
The bank also highlighted a significant improvement in asset quality, reporting that its bad loan ratio fell to a decade‑low of 1.2%, down from 1.6% in the previous quarter.
The increase in earnings reflects stronger loan growth and efficient cost management, according to the bank’s management. The decline in non‑performing assets is seen as a positive sign for the bank’s overall financial health.
Analysts view the results as an encouraging indicator for the region’s banking sector, suggesting that Jammu Kashmir Bank is on a steady path to sustainable profitability and risk mitigation.
The bank also highlighted a significant improvement in asset quality, reporting that its bad loan ratio fell to a decade‑low of 1.2%, down from 1.6% in the previous quarter.
The increase in earnings reflects stronger loan growth and efficient cost management, according to the bank’s management. The decline in non‑performing assets is seen as a positive sign for the bank’s overall financial health.
Analysts view the results as an encouraging indicator for the region’s banking sector, suggesting that Jammu Kashmir Bank is on a steady path to sustainable profitability and risk mitigation.