Jammu & Kashmir Bank is planning to raise capital (ATI/Tier II) to the tune of Rs 1600 crore during the Financial Year 2019-2020. The board of directors at their meeting on May 15, 2019 will consider the same.
Jammu & Kashmir Bank is engaged in the banking business. The company offers a range of products and services, such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.