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Business
J&K Bank Plans 40 New Branches This Year, Aims for 60–70 More Next Year
✍️ Kashmir News Service
🗓 06 Nov 2026, 01:33 PM
👁 11
J&K Bank announced it will open 40 new branches in 2024 and plans to add another 60 to 70 branches in 2025.
J&K Bank, a state‑owned financial institution in Jammu & Kashmir, has outlined a robust expansion strategy for the coming years. The bank will open 40 new branches across the state this year, according to its CEO.
In addition to the current rollout, J&K Bank aims to add 60 to 70 more branches in 2025, signalling a significant push to broaden its footprint. The expansion is part of the bank’s effort to improve financial inclusion and provide easier access to banking services for residents in remote areas.
The new branches will be located in a mix of urban and rural districts, with a focus on underserved communities. The bank’s leadership believes that the increased presence will support local economies and enhance customer convenience.
J&K Bank’s expansion plan aligns with broader government initiatives to promote banking penetration in the region, and the institution expects the new outlets to generate additional revenue streams while strengthening its market position.
In addition to the current rollout, J&K Bank aims to add 60 to 70 more branches in 2025, signalling a significant push to broaden its footprint. The expansion is part of the bank’s effort to improve financial inclusion and provide easier access to banking services for residents in remote areas.
The new branches will be located in a mix of urban and rural districts, with a focus on underserved communities. The bank’s leadership believes that the increased presence will support local economies and enhance customer convenience.
J&K Bank’s expansion plan aligns with broader government initiatives to promote banking penetration in the region, and the institution expects the new outlets to generate additional revenue streams while strengthening its market position.