English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEarningsJ&K Bank Q4 loss may widen sharply to Rs 106 cr on higher provisions

    J&K Bank Q4 loss may widen sharply to Rs 106 cr on higher provisions

    Net interest income, the difference between interest earned and interest expended, may fall 4.5 percent to Rs 617.9 crore

    May 13, 2017 / 14:10 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      Jammu & Kashmir Bank is expected to post a standalone loss of Rs 106.5 crore for the quarter ended March 2017 against loss of Rs 56 crore in same quarter last year.

      Net interest income, the difference between interest earned and interest expended, may fall 4.5 percent to Rs 617.9 crore compared with Rs 647.1 crore in corresponding quarter of last fiscal, according to average of estimates of analysts polled by CNBC-TV18.

      Key things to watch out for would be gross non-performing assets. If GNPA comes below 12 percent (against 11.84 percent in Q3) then that will be considered positive by the Street, say analysts who expect the balance sheet clean up act to continue during the quarter.

      first published: May 13, 2017 02:10 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