Synopsis: Jammu & Kashmir Bank reported robust business momentum in the December quarter, with total business rising over 13% year-on-year and advances growing at a faster clip than deposits, even as the CASA ratio moderated amid intense competition for low-cost funds.
Mumbai: Jammu & Kashmir Bank on Saturday reported steady balance-sheet expansion for the quarter ended December 31, 2025, driven by strong loan growth and sustained deposit mobilisation, according to a provisional regulatory filing. Total business increased 13.3% year-on-year to ₹2.72 lakh crore, reflecting healthy traction across core banking segments.
Source: Internet
Gross advances rose 17.3% year-on-year to ₹1.16 lakh crore, outpacing deposit growth and underscoring the bank’s improving credit momentum. Total deposits stood at ₹1.56 lakh crore, up 10.6% from a year earlier, supported by continued growth in the retail and institutional deposit base.
The lender’s current and savings account (CASA) deposits increased marginally by 1.3% year-on-year to ₹68,736 crore. However, the CASA ratio declined to 44.1% from 48.2% a year ago, reflecting industry-wide pressure on low-cost deposits amid higher term deposit rates.
Investments moderated during the period, with gross investments falling about 2% year-on-year to ₹40,536 crore, as the bank prioritised loan growth over balance-sheet parking. Management indicated that the numbers are provisional and subject to audit and board approval.
