Skip to main content

MoneyWorks4Me

Jammu & Kashmir Bank gets nod to raise Rs 1000 crore via bonds

17 Mar 2022 Evaluate

Jammu & Kashmir Bank has received an approval for raising of BASEL III compliant Tier II capital upto Rs 1000 crore in the form of non-convertible, redeemable, unsecured, bonds, on a private placement basis. The Board of Directors of the Bank in their meeting held on March 17, 2022, has approved 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 680.00
ICICI Bank 1388.50
Axis Bank 1206.20
Kotak Mahindra Bank 442.85
Indusind Bank 831.00
View more..