Disclosure under SEBI Circular
Awaiting price reaction for this filing.
Jammu and Kashmir Bank has filed its annual disclosure on outstanding qualified borrowings (Tier-I and Tier-II capital bonds) as required by SEBI. The bank's outstanding bonds stood at Rs 2,381 crore as of March 31, 2025, down from Rs 2,881 crore a year earlier, a reduction of Rs 500 crore. The bank did not raise any new debt through bond issuances during the year, with both incremental borrowing and fresh debt security issuance reported as NIL. Its credit rating remains AA-/Stable from both India Ratings and CARE Ratings, reflecting an investment-grade profile. The disclosure is routine and filed in compliance with SEBI's framework for the corporate bond market.
Shareholders see that the bank reduced its outstanding bond borrowings by about 17% without raising any new debt, suggesting no incremental leverage or refinancing pressure. The unchanged AA-/Stable rating signals no near-term credit concerns.