Q1 Results: J&K Bank's Net profit nearly doubles - watsupptoday.com
Q1 Results: J&K Bank's Net profit nearly doubles
Posted 24 Jul 2023 03:21 PM

Image Source: AGENCIES

J&K Bank said in a regulatory filing that its total revenue in the first quarter of this year increased to Rs 2.885 billion from Rs.2.36 billion in the same period last year. The bank's interest increased to Rs.2.657 billion from Rs.2.13 billion in June 2022.

J&K Bank said in a regulatory filing that its total revenue in the first quarter of this year increased to Rs 2.885 billion from Rs.2.36 billion in the same period last year.

The bank's interest increased to INR 2.657 billion from INR 2.13 billion in June 2022.

The bank's asset quality improved as the ratio of total non-performing assets (NPA) to total loans fell to 5.77% at the end of the June quarter, down from 9.09% a year earlier.

Leave a comment: (Your email will not be published)