J&K Bank stays on track; Q3 net profit rises 10.4% YoY despite Pahalgam attack and floods: MD & CEO Amitava Chatterjee

Jammu and Kashmir Bank is on track for a fourth consecutive year of record profits, despite facing challenges like the Pahalgam attack and floods. The bank reported a 10.4% year-on-year rise in net profit to Rs 586.73 crore for the third quarter, driven by robust growth in advances and deposits, and improved asset quality.