Jammu & Kashmir Bank has reported results for third quarter ended December 31, 2016.
The Bank has posted a net loss of Rs 498.47 crore for the quarter as compared to a net loss of Rs 117.68 crore for the quarter ended December 31, 2015. Total income of the Bank decreased by 1.99% at Rs 1770.20 crore for Q3FY17 as compared Rs 1806.08 crore for the corresponding quarter previous year.
The Bank's gross NPA for the October-December quarter of the current fiscal increased to 11.84%, as compared to 6.81% in the same quarter of the previous year. Besides, Bank's Net NPA stood at 5.99% in Q3FY17.
| Company Name | CMP |
|---|---|
| HDFC Bank | 799.90 |
| ICICI Bank | 1347.50 |
| Axis Bank | 1359.15 |
| Kotak Mahindra Bank | 383.50 |
| Indusind Bank | 853.15 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: