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J&K Bank Q1 Profit Slips 13% as Higher Provisions Hit Earnings

Jammu and Kashmir Bank reported a 12.6% decline in Q1 net profit to Rs 424 crore due to higher provisions despite improved asset quality. Advances and deposits grew strongly, while net interest margin narrowed, triggering a nearly 13% decline in the banks share price.

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thechenabtimes.com broke the news on Wednesday, July 29, 2026.
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