Jammu and Kashmir (J&K) Bank is exploring various opportunities to expand its footprint outside India. In this regard, the lender is likely to set up branches in Dubai and London to strengthen its relationships with existing customers who have business interests in West Asia and Europe.
Currently, the bank does not have any overseas branch. The lender closed October-December quarter with 762 domestic branches. A majority of these branches are in Jammu and Kashmir. The bank will probably end the current financial year with 800 branches. New branches will be opened both in Jammu and Kashmir as well as in other parts of the country.
