Srinagar, May 5: Adding a historic milestone to its remarkable journey, J&K Bank today recorded Rs 1197 crore as net profit for FY 2022-23 as the Bank’s highest-ever annual profit.
Along with a decadal-high Capital Adequacy Ratio (CRAR) of 15.39 percent and eight-year best gross NPA figure at 6.04 percent, the Bank also registered its best ever Q4 profit of Rs 476 crore to successfully deliver its better-than-promised annual and quarterly performance.
