J&K Bank net-profit zooms 139% YoY to historic-highest of Rs 1197 Cr With historic yearly profit, highest-ever quarterly net, decadal high CRAR and best asset-quality figures over last 8 years; it’s a great feeling to deliver better-than-promised annual numbers: Baldev Prakash Adding a historic milestone to its remarkable journey, J&K Bank today recorded Rs 1197 Cr as net profit for the FY 2022-23 as the Bank’s highest-ever annual profit. Along with a decadal-high Capital Adequacy Ratio (CRAR) of 15.39% and eight-years best gross NPA figure at 6.04%, the Bank also registered its best-ever Q4 profit of Rs 476 Cr to successfully deliver its better-than-promised annual and quarterly performance. The bank declared its annual and Q4 results today after its Board of Directors approved the numbers in a meeting held here at the bank’s Corporate Headquarters.
