J&K Bank’s Total Deposits Up by 12.05%; Advances by 5.54%, in June Quarter
By Ankur Chandra | Published at: Jul 7, 2025 03:44 PM IST
Mumbai, 7 July 2025: Jammu & Kashmir Bank Ltd (NSE: J&KBANK, BSE: 532209) has posted a provisional 9.54% year-on-year (YoY) increase in total business for the quarter ending 30 June 2025 (Q1 FY26), highlighting continued momentum across key financial indicators. The update has been disclosed in compliance with SEBI (LODR) Regulations, 2015, and Regulation 8 of SEBI (PIT) Regulations, 2015.
Following the release of its Q1 FY26 provisional results, Jammu and Kashmir Bank Ltd (NSE: J&KBANK) witnessed a dip in its share price. As of 2:16 PM IST, the stock was trading at ₹112.15, down by ₹2.09 or 1.83% from the previous close. The day’s trading opened at ₹114.00, reaching a high of ₹114.26 and a low of ₹111.24. The bank’s market capitalisation stood at ₹12,360 crore, with a P/E ratio of 5.93.
Total Business Growth Driven by Strong Deposit Expansion
The bank’s total business stood at ₹2,49,784.15 crore in Q1 FY26, up from ₹2,28,022.90 crore in the corresponding quarter last year. This reflects a 9.54% YoY rise, with steady performance in deposits and credit portfolios supporting the upward trend.
| Particulars | Q1 FY25 (30-Jun-2024) | Q4 FY25 (31-Mar-2025) | Q1 FY26 (30-Jun-2025)* | YoY Growth (%) |
|---|---|---|---|---|
| Total Business | 2,28,022.90 | 2,52,768.18 | 2,49,784.15 | 9.54% |
| Total Deposits | 1,32,573.13 | 1,48,569.46 | 1,48,542.07 | 12.05% |
| CASA Deposits | 65,980.96 | 69,843.42 | 67,900.54 | 2.91% |
| CASA Ratio | 49.77% | 47.01% | 45.71% | -406 bps |
| Gross Advances | 98,579.79 | 1,06,985.49 | 1,04,039.84 | 5.54% |
| Gross Investment | 33,955.15 | 41,970.21 | 43,310.58 | 27.55% |
*Note: Q1 FY26 figures are provisional and subject to audit/review.
Deposit Base Strengthens Even as CASA Share Eases
Total deposits grew 12.05% YoY to ₹1,48,542.07 crore, underscoring continued depositor confidence. However, the Current Account Savings Account (CASA) ratio declined by 406 basis points to 45.71%, reflecting a shift towards term deposits. CASA deposits themselves grew moderately by 2.91% YoY, reaching ₹67,900.54 crore.
Credit Expansion Slows Slightly, but Annual Growth Remains Firm
Gross advances increased 5.54% YoY to ₹1,04,039.84 crore, though the figure represents a slight sequential decline compared to ₹1,06,985.49 crore in Q4 FY25. This could be attributed to seasonal credit cycles or temporary portfolio adjustments, but the YoY trend remains positive, showing the bank’s sustained lending activity.
Strategic Investment Growth Signals Optimised Portfolio Planning
Gross investment surged significantly by 27.55% YoY to ₹43,310.58 crore, indicating a conscious effort to enhance yield through better portfolio placement. This marks a notable increase from ₹33,955.15 crore in Q1 FY25, and an improvement even over the Q4 FY25 figure.
Business Resilience Seen Despite Sequential Dip
While Q1 FY26 saw a mild sequential dip in overall business and gross advances compared to the previous quarter, the year-on-year metrics confirm the bank’s stable operational trajectory. The rise in total deposits and strategic investments reflects balanced financial management and long-term positioning.
Transparent Reporting in Line with Regulatory Mandates
The provisional financial disclosure aligns with the bank’s obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Prohibition of Insider Trading) Regulations, 2015. It reinforces the institution’s commitment to keeping shareholders and stakeholders informed.
Institution Overview: Banking Legacy with Expanding Presence
Jammu & Kashmir Bank Limited, headquartered in Srinagar, operates as a scheduled commercial bank under the Reserve Bank of India’s regulatory framework. Listed on both NSE and BSE, the bank was established in 1938 and plays a vital role in financial intermediation, particularly in the Jammu & Kashmir and Ladakh regions. With government-backed ownership and a strategic focus on retail and SME segments, the bank continues to expand its footprint across various parts of India.
REF:https://nsearchives.nseindia.com/corporate/TUFAIL_07072025140118_Business_Figures.pdf
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