J&K Bank's FY26 Business Soars: Advances Up 17%, Total Business Nears ₹2.9 Lakh Crore

• J&K Bank reported significant business expansion in FY26, with growth in deposits, advances, and overall business.
• CASA deposits increased by 8.07% year-on-year, reaching ₹75,478 crore, indicating improved low-cost deposit mobilization.
• Total deposits grew 11.3% to ₹1.65 lakh crore, reflecting sustained customer inflows and a stronger balance sheet.
• Overall business, combining deposits and advances, rose 13.61% to ₹2.90 lakh crore, showcasing broad operational growth.
• Gross advances saw a sharp 16.83% year-on-year increase to ₹1.24 lakh crore, signaling stronger credit offtake.

Key Questions Answered

How will this performance impact J&K Bank's stock?

J&K Bank shares ended marginally lower by 0.80% at ₹113.36 on the NSE despite the bank reporting steady growth in FY26, with advances rising 16.83% to ₹1.

What factors contributed to J&K Bank's strong growth?

J&K Bank's strong growth in FY26 was driven by a sharp rise in advances and expansion in deposits. Gross advances increased by 16.83% to ₹1.24 lakh crore, while total deposits grew by 11.