Jammu and Kashmir Bank total business rises 20.36% in Q1FY26

Jammu and Kashmir Bank reported a 20.36% year-on-year growth in total business to ₹3,03,996 crore for the quarter ended June 30, 2026. The provisional figures indicate expansion across key segments, with total deposits rising 16.75% to ₹1,73,420 crore and gross advances increasing 25.51% to ₹1,30,576 crore.

The bank's gross investment stood at ₹43,706 crore, a marginal increase of 0.91% compared to the corresponding period in the previous year. Current Account Savings Account (CASA) deposits amounted to ₹72,979 crore, reflecting a 7.48% growth. However, the CASA ratio declined to 42.08% from 45.71% in the prior year, a drop of 363 basis points.

The figures were disclosed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015. The data is provisional and subject to audit.

Key Financial Metrics

Particulars	30.06.2025	31.03.2026	30.06.2026	YoY Growth
	(Reviewed)	(Audited)	(Provisional)*	(%)
Total Business	2,52,581	2,90,335	3,03,996	20.36%
Total Deposits	1,48,542	1,65,354	1,73,420	16.75%
CASA Deposits	67,900	75,475	72,979	7.48%
CASA %	45.71%	45.64%	42.08%	(363) bps
Gross Advances	1,04,039	1,24,981	1,30,576	25.51%
Gross Investment	43,311	41,319	43,706	0.91%

*The figures are provisional and subject to audit. The Total Business reported above includes Deposits and Gross Advances.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.48%	+9.47%	+14.34%	+62.60%	+52.21%	+327.78%

The Government of Jammu and Kashmir and the Administration of the Union Territory of Ladakh have confirmed that they did not create any encumbrance on shares held in Jammu and Kashmir Bank during the financial year ended March 31, 2026. This disclosure, submitted to the National Stock Exchange and BSE, confirms that the promoters' shareholding remains free of pledges or indirect charges as of the reporting date.

The confirmations were issued in separate letters addressed to the exchanges under Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Shailendra Kumar, Financial Commissioner of the Government of Jammu and Kashmir, and Dr. Laltinkhuma Franklin, Secretary of Finance for the UT of Ladakh, signed the respective disclosures on behalf of their administrations.

Key Disclosures

Promoter	Status as on March 31, 2026	Encumbrance during FY26
Government of Jammu and Kashmir	No shares encumbered or pledged	No encumbrance made directly or indirectly
Administration of UT of Ladakh	No shares encumbered or pledged	No encumbrance made directly or indirectly

The letters explicitly state that the promoters have not made any encumbrance, directly or indirectly, on the shares held by them in Jammu and Kashmir Bank Limited during the financial year. Both the Government of Jammu and Kashmir and the UT of Ladakh are identified as promoters and shareholders of the bank.