Jammu and Kashmir Bank's Basel III bonds reaffirmed by Care Edge

Jammu and Kashmir Bank Limited announced today, September 15, 2025, that Care Edge Ratings has reviewed and reaffirmed the ratings for its Basel III Compliant Tier II Bonds. The credit rating for both tranches of bonds remains CARE AA-; Stable.

The bonds include two tranches: one for ₹ 1,000.00 crore and another for ₹ 1,500.00 crore. Both tranches received a "Reaffirmed" rating action, indicating consistent creditworthiness. This information was disseminated to the National Stock Exchange of India and The BSE Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The announcement was signed by Mohammad Shafi Mir, company secretary of Jammu and Kashmir Bank Limited. The bank's corporate headquarters are located in Srinagar, Kashmir, India.