Jammu & Kashmir (J&K) Bank is looking to raise up to Rs 2,000 crore this fiscal (FY23) through a mix of debt and equity as it sees loan demand picking up due to increased economic activity. In the fiscal ended March 2022, the lender augmented its capital by raising fresh capital of Rs 1,100 crore.
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.
