Latest


J&K Bank's profit falls 57 percent in 2014-15

  •   Sat, May 16 2015 08:44:06 PM

Srinagar, May 17 (IANS): Jammu and Kashmir Bank Ltd on Saturday said its net profit in 2014-15 declined by nearly 57 percent at Rs.508.6 crore against Rs.1,182.47 crore in 2013-14.

The bank's total income for the timeframe under review, however, registered an increase by nearly seven percent at Rs.7,655.10 crore compared to Rs.7,157.26 crore in 2013-14.

The amount of net non-performing assets, in the review period jumped substantially by 1,112 percent to Rs.1,236.32 crore against Rs.101.99 crore in 2013-14.

During 2014-15, its cash balance with the Reserve Bank of India also showed a decline by 22 percent at Rs.2,373 crore in comparison to Rs.3,045.59 crore in 2013-14.

 
  

Top Stories

Mangaluru: Manasa Water Park launches exclusive membership programme

  •   21 hours ago   

Newly built Dr Ramdas M Pai Block inaugurated in Kasturba Hospital, Manipal

  •   23 hours ago    1

Leave a Comment

Title: J&K Bank's profit falls 57 percent in 2014-15



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like