The Jammu and Kashmir Bank (J&K Bank) has emerged as one of the fastest growing commercial institutions of the country with the highest quarterly profit and 17% advance growth, says its MD and CEO Baldev Prakash, in an interview with HT’s Srinagar bureau chief Mir Ehsan. The bank has recorded its highest-ever annual profit of ₹1,197-crore and is paying dividends to its shareholders at 50% of the face value of the bank share, besides active participation in the Group of 20 (G20) meetings being held in Srinagar. Edited excerpts.
Growing focus on pan-India operations behind turnaround: J&K bank MD
