Who are the shareholders of JK Bank? (2024)

Who are the shareholders of JK Bank?

Government of Jammu & Kashmir & Ladakh holds majority shareholding of 63.41% in the bank as on June 30, 2023.

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Who are the owners of JK Bank?

Government of Jammu & Kashmir & Ladakh holds majority shareholding of 63.41% in the bank as on June 30, 2023.

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Who is the shareholder of J&K Bank?

Institutional Investors have increased holdings from 13.80% to 15.14% in Mar 2024 qtr.
NameHolding Mar 2024Locked
%%
Central Government/ State Government(s)59.4025.63
Chief secretary jammu and kashmir govt51.8927.69
Finance secretary ut ladakh4.160.00
1 more row

(Video) Exclusive | Baldev Prakash, MD & CEO, J&K Bank
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What is the future of JK Bank shares?

Stock price target for The Jammu & Kashmir Bank Limited JNKBANK are 130.35 on downside and 134.15 on upside.

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Why is JK Bank a private bank?

The Bank was the first in the country as a State owned bank. According to the extended Central laws of the state, Jammu & Kashmir Bank was defined as a govt. Company as per the provision of Indian companies act 1956.

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Is JK bank private?

In terms of current account and savings account (CASA) Ratio, J&K Bank is one of the top three leading private sector banks in the country.

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What is the highest salary in JK bank?

The highest-paying job at J&K Bank is a Senior Manager with a salary of ₹27,21,697 per year (estimate). The lowest-paying job at J&K Bank is a Project Manager with a salary of ₹2,01,086 per year (estimate).

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Who is the new CEO of J&K bank?

As part of recognizing leaders who inspired not only with their achievements but also with their unwavering commitment to positive change, J&K Bank MD Baldev Prakash has been honoured with prestigious 'Times Now India's Impactful CEO - 2023' Award.

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Who is the CEO of J&K bank?

Baldev Prakash, CEO of J&K Bank.

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Who is the Indian CEO of Jammu and Kashmir Bank?

Expect to log a record profit this time: J&K Bank CEO, MD Baldev Prakash. Interviews - Business Standard.

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Is it good to buy J&K bank shares?

Jammu & Kashmir Bank has TTM P/E ratio 7.76 as compared to the sector P/E of 9.00. There are 1 analysts who have initiated coverage on Jammu & Kashmir Bank. There are 1 analysts who have given it a strong buy rating & 0 analysts have given it a buy rating. 0 analysts have given the stock a sell rating.

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What is the share price target for JK bank in 2024?

Summary of J&KBANK Share Price Forecast for 2024

The initial price target for Jammu and Kashmir Bank Ltd in 2024 is projected to be ₹158. With favorable market conditions, the mid-year price target for Jammu and Kashmir Bank Ltd could reach ₹201.75.

Who are the shareholders of JK Bank? (2024)
How can I buy JK bank shares?

Browser Based trading: An easy to use online trading platform that helps investors and traders to buy/sell stocks seamlessly. Clients need to type https://protrade.jkbfsl.com/Express5/login into their web browser and login through trading credentials and start trading.

Is JK bank a government bank?

Jammu & Kashmir Bank Limited (J&K Bank) is an Indian private sector bank headquartered in Srinagar, Jammu and Kashmir. J&K Bank was incorporated on October 1, 1938, by the then ruler of the princely state of Jammu and Kashmir Maharaja Hari Singh with an initial paid up capital of ₹5.00 Lakh.

What is the history of Jkbank?

Jammu and Kashmir Bank Ltd (J&K Bank) is a banking company incorporated in 1938. The Bank is headquartered in Srinagar, Jammu and Kashmir, India. The bank is the first company of Jammu & Kashmir listed on BSE & NSE. Bank is a major banking player in the UTs of J&K and Ladakh.

What is the oldest bank in India?

The oldest bank in India is The Madras Bank (1683), followed by the Bank of Bombay, founded in 1720, which is then followed by the Bank of Hindustan, founded in 1770.

What is the meaning of the logo of JK bank?

The three coloured squares represent the regions of Jammu, Kashmir and Ladakh. The counter-form created by the interaction of the squares is a falcon with outstretched wings - a symbol of power and empowerment.

Who designed JK bank logo?

J&K Bank introduced a new logo and corporate identity on 24 August 2006. The new logo, designed by Ray+Keshavan, consists of three coloured squares making up a falcon in the negative space.

Which is the oldest private bank in India?

The first private sector bank in India is Indusland Bank. It was established in 1994 by SP Hinduja, and now it has an excellent banking network with 760 branches in India.

What is the minimum balance in JK bank?

To ensure that you can continue banking uninterrupted, J&K Bank offers its customers e-banking facility, free of charge to facilitate anytime, anywhere banking. Minimum AMB of Rs. 1,000 without chequebook facility, and minimum AMB of Rs. 2,000 with chequebook facility.

Which bank gives highest salary?

SBI PO Salary

The State Bank of India is reputed to have the highest salary range among the Public Banks in India and SBI Exams are conducted to recruit candidates into various revered posts under the prestigious Organisation.

What position at a bank makes the most money?

Highest-paying banking jobs
  • Credit analyst. ...
  • Financial analyst. ...
  • Fund manager. ...
  • Finance manager. ...
  • Foreign exchange trader. ...
  • Budget analyst. ...
  • Branch manager. ...
  • Investment banker.

Who is the CFO of JK bank?

Fayaz Ahmad Ganai the new CFO J&K Bank Sets Agenda for consolidating Bank's Financial Position. Srinagar: Jammu & Kashmir Bank, a prominent private sector lender, has appointed Fayaz Ahmad Ganai as its Chief Financial Officer (CFO) for a three-year term, commencing from April 16, 2024.

What are the awards of JK bank?

Adding another feather of excellence to its cap, J&K Bank won the 'Best MSME Bank' Award last night at MSME Banking Excellence Awards (2023) - an event organized by the Delhi-based Chamber of Indian Micro, Small and Medium Enterprises (CIMSME).

Who is the owner of Leader Bank?

Sushil K. Tuli has been one of the leading figures in financial services throughout Massachusetts for nearly thirty-five years. Mr. Tuli founded Leader Bank in May of 2002, opening a single branch in East Arlington with seven team members and $6.5 million in assets.

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