Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEarningsJ&K Bank Q3 net loss seen at Rs 151 cr, NII may fall 6%

    J&K Bank Q3 net loss seen at Rs 151 cr, NII may fall 6%

    Jammu & Kashmir Bank is expected to report net loss at Rs 151 crore for October-December quarter against profit of Rs 287.5 crore in same quarter last year.

    February 03, 2017 / 18:21 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      Jammu & Kashmir Bank is expected to report net loss at Rs 151 crore for October-December quarter against profit of Rs 287.5 crore in same quarter last year.

      Net interest income is seen falling 6.5 percent to Rs 629.9 crore compared with Rs 673.7 crore in corresponding quarter of last fiscal.

      Key things to watch out for would be asset quality.

      Analysts say if gross non-performing assets come below 12 percent (against 11.3 percent in Q2) then that will be positive.

      first published: Feb 3, 2017 06:21 pm

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347