Jammu & Kashmir Bank has raised Rs 360 crore through Unsecured, Subordinated, Non-Convertible, Redeemable, Fully-Paid-Up, Basel III Compliant Tier II Bonds in the nature of debentures and allotted 360 bonds having face value of Rs 1 crore. The Capital Issuance Committee of the Board of Directors in its Meeting held on March 30, 2022, considered and 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.
