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Money

With focus on asset quality and digital push, J&K Bank targets Rs 5 lakh crore business

Jammu and Kashmir Bank aims to achieve an annual business target of Rs 5 lakh crore and a profit of Rs 5000 crore within the next five years, according to CEO Amitava Chatterjee. The bank is focusing on improving asset quality and enhancing digital banking services, particularly in retail lending across India.

With focus on asset quality and digital push, J&K Bank targets Rs 5 lakh crore business

Credit: Dailyexcelsior

Key Highlights

  • Targeting Rs 5 lakh crore in annual business within five years.
  • Aiming for a profit of Rs 5000 crore in the same period.
  • Emphasizing asset quality and digital transformation.
  • Plans to expand retail lending operations beyond Jammu and Kashmir.
  • Investing in the latest technology for improved digital banking services.
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Sources

  1. With focus on asset quality and digital push, J&K Bank targets Rs 5 lakh crore business

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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