Jammu and Kashmir Bank reports business growth

Jammu and Kashmir Bank has released its provisional business figures, revealing growth across key metrics. Total business reached INR249784.15 crore, marking a 9.54% year-on-year increase. Total deposits saw a 12.05% rise, reaching INR148542.07 crore. CASA deposits grew by 2.91% to INR67900.54 crore, though the CASA percentage decreased by -406 bps to 45.71%. Gross advances increased by 5.54% to INR104039.84 crore, while gross investment surged by 27.55% to INR43310.58 crore. The figures are provisional and subject to audit review, according to the bank's announcement.