Jammu & Kashmir Bank Ltd (J&KBANK) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Jammu & Kashmir Bank Ltd on NSE and BSE, with an AI summary of each filing.
Clarification regarding GST Treatment of FTP Mechanism in Banks
Others (Uncategorized) · 29 Oct 2026, 8:35 pm
CBIC Clarification Provides Relief to J&K Bank on Massive GST Demands CBIC issued a circular on 28th Oct'26 clarifying that notional interest recorded under the Fund Transfer Pricing mechanism qualifies as exempt interest under GST laws. This validates Jammu and Kashmir Bank's stance against two GST demand orders totaling over Rs. 8,330.87 Cr plus equivalent penalties, dated 4th Feb'25 and 23rd Mar'26, for which the bank previously obtained High Court interim stay. Following this regulatory clarity, the bank will pursue the complete quashing of these tax demands with appropriate authorities.
Transcript of Concall held on October 22, 2026
Transcript · 27 Oct 2026, 11:28 pm
J&K Bank Reports Strong Q2 FY27 Earnings with Upgraded Growth Guidance Jammu & Kashmir Bank reported a net profit of INR546 crore for Q2 FY27, surging 29% QoQ, driven by an operating profit of INR789 crore (up 27% YoY). Total business rose 19.4% YoY to INR3.10 lakh crore as of 30th Sep'26, led by advances growing 23.7% and deposits 16.3%. Asset quality improved to decadal bests, with GNPA at 2.23%, NNPA at 0.51%, and PCR at 91.76%. Management revised FY27 guidance to 14%+ credit growth, 12%+ deposit growth, RoA around 1.20%, and GNPA under 2%. Capital raising plans include INR1,000 crore equity and INR500 crore debt.
Audio and Investor Brief of Conference Call held on October 22, 2026
Audio / Video · 22 Oct 2026, 11:40 pm
J&K Bank Posts Robust Q2 Performance With Profit Rising Sequentially J&K Bank reported net profit of Rs.546 crore for the quarter ended 30th Sep'26, jumping ~29% sequentially alongside double-digit YoY growth. Total business expanded 19.4% YoY to Rs.3.10 lakh crore, driven by advances growth of 23.7% and deposit growth of 16.3%. Asset quality strengthened with GNPA and NNPA at 2.23% and 0.51%, while PCR improved to 91.76%. CAR stood at 16.57%. For FY'27, management revised guidance to over 14% credit growth, over 12% deposit growth, RoA of 1.20%, and GNPA below 2%.
Presentation of Concall scheduled for October 22, 2026
Intimation · 22 Oct 2026, 8:09 pm
J&K Bank Q2 FY27 Results: Net Profit Rises 10.6% YoY to ₹546 Crore J&K Bank reported a 10.6% YoY rise in Q2 FY27 net profit to ₹546.36 crore, supported by a 4.8% YoY increase in Net Interest Income to ₹1,502.31 crore and a 104.8% YoY surge in other income to ₹314.90 crore. Net advances grew 24.8% YoY to ₹1,31,234 crore, while deposits rose 16.3% YoY to ₹1,76,796 crore. Asset quality strengthened as GNPA improved 109 bps YoY to 2.23% and NNPA declined 25 bps YoY to 0.51%, with PCR reaching 91.76%. CRAR stood at 16.57%.
Press Release
Press Release · 22 Oct 2026, 7:21 pm
J&K Bank Q2 Profit Rises 10.6% YoY to Rs 546 Crore J&K Bank reported a 10.6% YoY (28.8% QoQ) increase in Q2 net profit to Rs 546.36 Cr for the quarter ended 30th Sep'26, supported by a 5% YoY rise in NII to Rs 1,502 Cr and doubled other income of Rs 314.90 Cr. Gross advances grew 23.72% YoY to Rs 1,33,551 Cr, while total deposits expanded 16.30% YoY. Asset quality hit decadal bests, with GNPA improving 109 bps YoY to 2.23%, NNPA at 0.51%, and PCR reaching 91.76%. CRAR strengthened to 16.57%.
Related Party Disclosure
Others (Uncategorized) · 22 Oct 2026, 7:07 pm
J&K Bank Discloses H1 FY27 Related Party Transactions Totaling ₹82.51 Crore Jammu and Kashmir Bank disclosed related party transactions totaling ₹82.51 crore for the half-year ended 30th Sep'26. Major transactions included ₹76.93 crore in interest paid to associate Jammu and Kashmir Grameen Bank on fixed deposits, alongside ₹0.52 crore provisioned for IT support services. Key management remuneration included MD & CEO Amitava Chatterjee at ₹0.88 crore, Executive Director Sudhir Gupta at ₹0.83 crore, CFO Ketan Kumar Joshi at ₹0.23 crore, and Ex MD & CEO Baldev Prakash at ₹0.82 crore.
Statement of Deviation & Variation
Others (Uncategorized) · 22 Oct 2026, 6:57 pm
J&K Bank Reports Zero Deviation in Capital Utilization for Sep'26 Quarter Jammu and Kashmir Bank Limited submitted its Statement of Deviation/Variation under Regulation 32 of SEBI LODR for the quarter ended 30th Sep'26, confirming nil deviation across all historical capital issuances. Capital raised via Preferential Issues (₹250 cr on 20th Mar'17, ₹282 cr on 7th Jun'17, ₹500 cr on 31st Mar'20, and ₹500 cr on 16th Sep'21), ESPS (₹150 cr on 24th Sep'21 and ₹274.75 cr on 21st Mar'23), and QIPs (₹93.50 cr on 1st Apr'22 and ₹750 cr on 15th Dec'23) has been 100% utilized to support business growth and regulatory capital adequacy norms.
Integrated Financial Results
Others (Uncategorized) · 22 Oct 2026, 6:55 pm
J&K Bank Q2 FY27 Results: PAT Rises 10.6% YoY on Strong Asset Quality J&K Bank reported standalone Q2 FY27 net profit of ₹546.36 cr, rising 10.6% YoY and 28.8% QoQ, supported by Net Interest Income growing 5% YoY to ₹1,502 cr and other income doubling YoY to ₹314.90 cr. Total business expanded 19.38% YoY to ₹3,10,347 cr, with gross advances up 23.72% YoY to ₹1,33,551 cr and deposits up 16.30% YoY to ₹1,76,796 cr. Asset quality reached decadal bests as GNPA fell 109 bps YoY to 2.23% and NNPA improved to 0.51%. CRAR stood at 16.57% (CET1 at 13.88%).
INTEGRATED FINANCIAL RESULTS (STANDALONE & CONSOLIDATED) OF THE BANK FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026
Financial Result · 22 Oct 2026, 6:46 pm
J&K Bank Q2 FY27 Results: Net Profit Rises 10.6% YoY to ₹546 Crore Jammu and Kashmir Bank reported standalone net profit of ₹546.36 crore for the quarter ended 30th Sep'26, up 10.6% YoY and 28.8% QoQ. Total income increased 17.3% YoY to ₹4,041.99 crore, supported by Net Interest Income rising 5% YoY to ₹1,502 crore and Other Income doubling YoY to ₹314.90 crore. Asset quality improved significantly as Gross NPA declined 109 bps YoY to 2.23% (Net NPA at 0.51%), with PCR reaching 91.76%. Capital Adequacy Ratio strengthened to 16.57% against 15.27% a year earlier.
Financial Results
Financial Result · 22 Oct 2026, 6:45 pm
J&K Bank Posts Strong Q2'27 Earnings with Asset Quality at Decadal Best J&K Bank reported a standalone net profit of ₹546.36 crore for Q2 ended 30th Sep'26, up 10.6% YoY and 28.8% QoQ, driven by net interest income rising 5% YoY to ₹1,502 crore and other income doubling to ₹314.90 crore. Asset quality improved to decadal bests, with GNPA falling 109 bps YoY to 2.23% and NNPA at 0.51%. Total business grew 19.38% YoY to ₹3,10,347 crore, supported by gross advances expanding 23.72% YoY to ₹1,33,551 crore. CRAR stood robust at 16.57%.
The Jammu & Kashmir Bank Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Financial Result · 22 Oct 2026, 6:41 pm
REVIEWED FINANCIAL RESULTS (STANDALONE & CONSOLIDATED) OF THE BANK FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2026
Outcome · 22 Oct 2026, 6:40 pm
J&K Bank Q2 FY27 Results: PAT Rises 10.6% YoY With Strong Asset Quality Jammu and Kashmir Bank reported a 10.6% YoY and 28.8% QoQ rise in standalone net profit to ₹546.36 crore for Q2 ended 30th Sep'26, driven by a 5% YoY increase in NII to ₹1,502 crore and other income doubling to ₹314.90 crore. Asset quality improved significantly, with GNPA reducing 109 bps YoY to 2.23% and NNPA declining to 0.51%. PCR reached a decadal high of 91.76%, while CRAR stood strong at 16.57%. Total business grew 19.38% YoY to ₹3,10,347 crore.
Minutes of 88th AGM of the Bank
Annual General Meeting · 21 Oct 2026, 6:33 pm
Change in Timing of Conference Call
Intimation · 19 Oct 2026, 10:23 pm
J&K Bank Reschedules MD & CEO Investor Conference Call Timing Jammu and Kashmir Bank Limited has revised the timing of its upcoming conference call between MD and CEO Amitava Chatterjee and analysts/investors. Following its prior intimation dated 14th Oct'26, the bank announced on 19th Oct'26 that the call is rescheduled to 15:30 IST from the previously communicated time of 16:00 IST. All other details and parameters regarding the conference call remain unchanged.
Completion of Transaction
Others (Uncategorized) · 17 Oct 2026, 12:29 am
J&K Bank Completes Sale of 0.5% Stake in PNB MetLife for ₹120.10 Crore Jammu and Kashmir Bank has completed the sale of its 0.5% stake in PNB MetLife India Insurance Company Limited to MetLife International Holdings, LLC on 16th Oct'26. The transaction involved transferring equity shares at ₹117.20 per share for an aggregate cash consideration of ₹120.10 crore (₹120,09,89,186). Executed under a Share Purchase Agreement dated 17th Jul'26 and an Escrow Agreement dated 21st Sep'26 with Barclays entities acting as escrow agents, the divestment is an arm’s-length, non-related-party transaction.
Schedule of Conference Call
Intimation · 22 Oct 2026, 4:00 pm
Jammu and Kashmir Bank Q2 FY27 Earnings Conference Call Scheduled Jammu and Kashmir Bank Limited will host an earnings conference call with analysts and investors on 22nd Oct'26 at 16:00 IST, organized by Emkay Global Financial Services. Managing Director and CEO Amitava Chatterjee, along with the senior management team, will discuss the bank’s financial performance for the quarter and half-year ended 30th Sep'26 (Q2/H1 FY27). The group interaction will occur digitally via DiamondPass pre-registration, with audio replays and transcripts to be published on the bank's website subsequently.
Resignation of Dr. Mandeep K Bhandari, IAS
Change in Management · 13 Oct 2026, 6:19 pm
Jammu and Kashmir Bank Director Resignation Jammu and Kashmir Bank Limited announced that Dr. Mandeep K Bhandari, IAS (DIN: 07310347), Non-Executive Non-Independent Director, tendered his resignation from the bank's Board of Directors effective 13th Oct'26. The resignation was attributed to his official engagements and commitments, resulting in the immediate cessation of his directorship at the bank.
Resignation of Dr. Mandeep K Bhandari, IAS
Change in Management · 13 Oct 2026, 6:17 pm
J&K Bank Director Dr. Mandeep K Bhandari Resigns Jammu and Kashmir Bank Limited announced that Dr. Mandeep K Bhandari, IAS (DIN: 07310347), Non-Executive Non-Independent Director, tendered his resignation from the Board of Directors with effect from 13th Oct'26 due to official commitments. Consequently, Dr. Bhandari has ceased to be a director of the bank as of the same date.
THE JAMMU & KASHMIR BANK LIMITED has informed the Exchange about Board Meeting to be held on 22-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 22 Oct 2026, 5:30 am
Jammu & Kashmir Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/10/2026 ,inter alia, to consider and approve UNAUDITED FINANCIAL RESULTS ....
Intimation · 22 Oct 2026, 5:30 am
J&K Bank Board to Consider Q2 FY27 Results on 22nd Oct'26 The Board of Directors of Jammu and Kashmir Bank Limited will meet on 22nd Oct'26 to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ended 30th Sep'26. Additionally, the trading window for dealing in the bank's securities remains closed from 1st Oct'26 to 24th Oct'26 (both days inclusive) in accordance with SEBI insider trading regulations.
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 22 Oct 2026, 5:30 am
Provisional Business Figures
Others (Uncategorized) · 03 Oct 2026, 9:03 pm
J&K Bank Reports 19.38% YoY Total Business Growth as of Sep'26 Jammu and Kashmir Bank reported provisional total business of ₹3,10,347 crore as of 30th Sep'26, rising 19.38% YoY. Gross advances expanded 23.72% YoY to ₹1,33,551 crore, while total deposits grew 16.29% YoY to ₹1,76,796 crore. CASA deposits increased 6.45% YoY to ₹74,277 crore, leading to a 388 bps contraction in the CASA ratio to 42.01% from 45.89% in Sep'25. Additionally, gross investments rose 2.25% YoY to ₹46,052 crore.
Credit Ratings
Others (Uncategorized) · 30 Sept 2026, 2:42 am
Brickwork Ratings Reaffirms J&K Bank’s AT1 Bonds at BWR A/Stable Brickwork Ratings reviewed Jammu and Kashmir Bank Limited's Basel III debt instruments, reaffirming a 'BWR A/Stable' rating on its Rs 1,000 crore Additional Tier I (AT1) long-term bonds. Concurrently, the rating for its Basel III Tier II bonds, which had a nil balance, has been withdrawn.
Regularization of Mr. Tsewang Tharchin, IA&AS as a Rotational Director on the Board of the Bank
Change in Management · 25 Sept 2026, 1:27 am
J&K Bank Regularizes Tsewang Tharchin as Rotational Director Shareholders of Jammu and Kashmir Bank Limited approved the appointment of Tsewang Tharchin (IA&AS) as a Rotational Director, liable to retire by rotation, effective 22nd Sep'26 at the bank's 88th AGM. A 2007-batch IA&AS officer and current Commissioner Secretary (Finance) for the Ladakh Administration, Tharchin brings extensive public finance, audit, and governance experience, having previously served as Accountant General (Audit) J&K, Financial Advisor at NCLT, and Principal Director at the CAG of India, alongside key international audit assignments with the UN and IAEA.
Scrutinizer''s Report
Annual General Meeting · 25 Sept 2026, 1:19 am
J&K Bank Shareholders Approve ₹1,000 Crore Tier-I Capital Raise at AGM Jammu and Kashmir Bank Limited approved all five resolutions with requisite majority at its 88th AGM held on 22nd Sep'26. Key approvals include raising Tier-I funds up to ₹1,000 crore via special resolution with 99.91% approval (81.26 crore votes in favour). Shareholders also approved adoption of FY26 standalone and consolidated financial statements (99.50% in favour), auditor remuneration for FY27 (99.76% in favour), the appointment of Tsewang Tharchin as Rotational Director (98.03% in favour), and recorded the retirement by rotation of R.K. Chhibber without filling the vacancy.