Jammu and Kashmir Bank has surpassed the ₹3 trillion mark in total business for the first quarter of the current fiscal year, driven by a significant expansion in its deposit base.
The regional lender reported that deposits grew by more than 16% year-on-year, while gross advances expanded by over 25%.
3%. J&K Bank's faster deposit accumulation suggests it is successfully capturing market share in a competitive banking environment.
This dual growth in liabilities and assets underscores strong customer confidence and credit uptake in the bank's core operating regions.
The performance contrasts with broader trends among some state-owned peers.
Indian Bank, for instance, reported a 13.6% increase in total business to ₹15.28 lakh crore for the quarter ended June 30, 2026, with deposit growth of 13.3%.
J&K Bank's faster deposit accumulation suggests it is successfully capturing market share in a competitive banking environment.