Jammu and Kashmir Bank Limited (J&K Bank)
J&K Bank is a listed scheduled commercial bank headquartered in Srinagar; the governments of Jammu and Kashmir and Ladakh jointly hold a 59.40% promoter stake. On 29 July 2026, the bank reported a net profit of Rs 424 crore for the quarter ended 30 June 2026.
This page is a factual profile built from official sources: enterprise filings, the DPE Public Enterprises Survey, PIB releases, government orders and CAG reports. Figures carry their year; where no official figure was found, the field is left out rather than estimated.
How we verify →J&K Bank is a listed scheduled commercial bank headquartered in Srinagar; the governments of Jammu and Kashmir and Ladakh jointly hold a 59.40% promoter stake. On 29 July 2026, the bank reported a net profit of Rs 424 crore for the quarter ended 30 June 2026.
What happened
The bank's official profile says it was incorporated in 1938, is listed on NSE and BSE, and has its corporate headquarters in Srinagar.
The same profile reports that the governments of Jammu and Kashmir and Ladakh jointly held 59.40% as of 31 March 2026. That majority holding makes it eligible here as a state-level government company, although banking authorities classify it as a private-sector bank.
The bank announced on 29 July 2026 that it earned Rs 424 crore in the April-June 2026 quarter.
Its official FY2025-26 earnings release reported annual profit of Rs 2,363.47 crore, total business of Rs 290,341 crore and 11,934 employees at 31 March 2026.
What we could not confirm
The official disclosures aggregate the promoter stake of the Jammu and Kashmir and Ladakh governments; their individual percentages could not be confirmed. No single state administrative department was confirmed, so the administrative field is null. J&K Bank is included under the state-enterprise category, not the twelve-bank PSB category.