KhabarCheckखबर चेक
← Top Stories

J&K Bank Q1 profit slips 13% as higher provisions hit earnings

Partially corroborated51

Jammu and Kashmir Bank reported a 12.6% drop in first quarter net profit at Rs 424 crore against Rs 485 crore in the year-ago period, on account of higher provisions, prompting a near 13% plunge in share price.The fall in net profit was despite a Rs 56 crore gain due to change in accounting polic...

First seen · latest update · India · business

  • Indian mainstream 1
  • Indian independent 0
  • International 0
  • Official 0
Share

Coverage (1)

See a mistake? Wrong summary · Wrongly grouped · Missing source · Wrong category/region · Dispute outlet rating — each opens a pre-filled report on GitHub.