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Jammu & Kashmir Bank planning to raise Rs 1600 crore

10 May 2019 Evaluate

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.

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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