Jammu & Kashmir Bank
Jammu & Kashmir Bank Limited (J&K Bank) is an Indian private sector bank headquartered in Srinagar, Jammu and Kashmir. J&K Bank was incorporated on October 1, 1938, by the then ruler of the princely state of Jammu and Kashmir Maharaja Hari Singh with an initial paid up capital of ₹5.00 Lakh. There is some debate about whether the Maharaja referred to his personal treasury as the bank during its inception. The bank registered a total business turnover of over ₹1750 billion as of March 31, 2021.
| Company type | Private |
|---|---|
| NSE: J&KBANK BSE: 532209 | |
| Industry | |
| Founded | 1 October 1938 |
| Founder | Mahraja Hari Singh |
| Headquarters | Srinagar, Jammu and Kashmir, India |
Key people | Baldev Prakash (MD & CEO) |
| Products | |
| Revenue | ₹10,121 crore (US$1.3 billion) (2023) |
| ₹1,860 crore (US$230 million) (2023) | |
| ₹1,181 crore (US$150 million) (2023) | |
| Total assets | ₹145,913 crore (US$18 billion) (2023) |
| Owner | Government of Jammu and Kashmir |
Number of employees | 12,307 (2021) |
| Capital ratio | 12.20% |
| Website | www |
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