Announced Thu, 20 Aug · 15:20 IST
Credit ratings affirmed at IND AA-/Stable by India Ratings
J&KBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹149.90
prior close
₹148.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2———-0.5—————————
Up moveDown movePending
AI summary
India Ratings and Research has affirmed J&K Bank's long-term issuer rating at IND AA- with a Stable outlook. The same rating was also affirmed for the bank's Basel III compliant Tier II bonds, whose outstanding size has been reduced from 35,000 to 25,000 million INR.
Likely market impact
Rating affirmed at investment grade with stable outlook signals steady financial health, while the reduced Tier II bond size suggests partial repayment.