Mushtaq Ahmad

J&K Bank Q3 profit climbs 12% to Rs 118 cr

Total income decreased to Rs 1,806 crore in the reporting quarter, from Rs 1,849.4 crore in the same period last fiscal, the bank said in a statement

Trying to strengthen balance sheet; hope worse over: J&K Bk

Mushtaq Ahmad, Chairman and CEO, Jammu & Kashmir Bank says FY15 was a tough and challenging year for the banking industry. Floods compounded the situation further for the bank, he adds.

See NIMs above 4%; profits at 20% for FY14: J&K Bank

Mushtaq Ahmad, Chairman & CEO, Jammu & Kashmir Bank said the bank expects loan book to grow at 20-25 percent and profitability around 20 percent going forward.

Aiming at 22-25% credit growth ahead: J&K Bank

Jammu and Kashmir Bank declared a special dividend of 500 percent and is eyeing 20 percent growth going ahead.

JK Cements to double production capacity to 600 tonne/day

In an effort to bridge the huge gap between demand and supply of cement, state-owned Jammu and Kashmir Cements Limited is all set to double its production capacity from 600 tonne per day shortly.

Expect NIMs to cross 4% in FY12: J&K Bank

In an interview with CNBC-TV18, Mushtaq Ahmad, chairman and CEO of J&K Bank, spoke about the company's result and his outlook.