MoneyWorks4Me

Jammu & Kashmir Bank opens new Business Unit in Jammu

20 Apr 2015 Evaluate

Jammu & Kashmir Bank (JKB), a private sector scheduled commercial bank, has opened new Business Unit at Ghou Manhasan in Jammu. Earlier, the bank had opened a Business Unit at Mantalai in Udhampur.

Jammu & Kashmir Bank is the only state government owned bank in the country with the Government of J&K (GoJK) holding around 53% shareholding in the bank. JKB holds a monopolistic position in the state of J&K constituting majority of the credit and deposits in the state.

Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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