Disclosure of Provisional Business Figures
Awaiting price reaction for this filing.
Jammu and Kashmir Bank has shared its provisional (unaudited) business numbers as of 31 March 2025. Total Business stood at ₹2,52,779 crore, up 10.61% year-on-year. Total Deposits grew 10.24% YoY to ₹1,48,570 crore, while Gross Advances rose 10.32% YoY to ₹1,06,986 crore. CASA Deposits grew modestly at 2.60% YoY to ₹69,844 crore, causing the CASA share to drop 350 basis points to 47.01%. Gross Investments surged 16.05% YoY to ₹41,784 crore. These figures are provisional and subject to statutory audit.
Healthy double-digit growth in business, deposits and advances signals steady expansion, but the falling CASA mix could put some pressure on the bank's cost of funds. Investors should wait for the audited results for confirmed numbers.