J&K Bank Q4 net profit surges 37%, driven by steady NII and lower asset stress
Jammu & Kashmir Bank Ltd on Tuesday (May 5) reported a 36.5% year-on-year rise in net profit for the fourth quarter at ₹798 crore, compared with ₹585 crore in the year-ago period. Net interest income (NII) increased 0.5% to ₹1,487.5 crore from ₹1,480 crore in the corresponding quarter last year. On the asset quality front,…
