J&K Bank Delays Capital Raise Amidst Improving Profits and Growth

• J&K Bank is not rushing to raise capital through a Qualified Institutional Placement (QIP) despite board approval.
• The bank's Managing Director and CEO, Amitava Chatterjee, stated they would decide on the QIP timing based on business development and steady credit growth.
• Net profit for October-December 2025 quarter rose by 10.7% year-on-year, though net interest income slightly declined.
• The bank's strong performance and comfortable Capital to Risk-Weighted Assets Ratio (CRAR) of 15% reduce immediate need for capital.
• Loan growth was strong at 18%, exceeding the 12-15% guidance, with equal contributions from retail and corporate sectors across regions.

Why It Matters: J&K Bank is delaying its QIP due to strong profits, steady credit growth, and comfortable capital levels.