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J&K Bank sets long-term goal of Rs 4 lakh crore business in next five years

11 Aug 2022 Evaluate

Jammu & Kashmir Bank (J&K Bank) has set a long-term goal of achieving Rs 4 lakh crore business in the next five years with annual profit of Rs 4,000 crore. The long-term objectives are backed by well thought out strategies and monitorable execution plans that would be periodically reviewed to ensure achievement of all interim milestones. The bank is also working on short-term goals like fixing monthly targets for each business line.

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 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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