Rising costs, asset quality concerns linger for JK Bank
Srinagar: J&K Bank recently reported a record-breaking profit of Rs. 1,767.27 crore for FY 2024. However, a closer look at the bank’s financials reveals some underlying issues. Headline growth masks cost pressures: While J&K Bank achieved double-digit growth in both loans and deposits, a significant rise in interest expenses (30% YoY) outpaced the growth in […]
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