📷 Image: Wikimedia Commons / Sarkaaaar
Business
J&K Bank Celebrates 88th Foundation Day, Reaffirms Commitment to Jammu & Kashmir’s Growth
✍️ Daily Excelsior
🗓 02 Oct 2026, 05:16 AM
👁 17
Jammu & Kashmir Bank marked its 88th foundation day, highlighting its ongoing focus on supporting economic development across the state.
Jammu & Kashmir Bank observed its 88th foundation day with a ceremony at its headquarters in Srinagar, attended by senior bank officials and local dignitaries. The event underscored the bank’s long‑standing presence in the region since its establishment in 1928.
During the function, the bank’s Managing Director reiterated that the milestone reflects the institution’s role in financing agriculture, micro‑, small‑ and medium‑enterprises, and key infrastructure projects that drive the state’s economy.
The bank also used the occasion to announce an expansion of its digital banking services and the opening of new branches in remote districts, aiming to deepen financial inclusion for underserved communities.
These initiatives come as the bank reports steady profit growth and continues to contribute significantly to Jammu & Kashmir’s fiscal health.
During the function, the bank’s Managing Director reiterated that the milestone reflects the institution’s role in financing agriculture, micro‑, small‑ and medium‑enterprises, and key infrastructure projects that drive the state’s economy.
The bank also used the occasion to announce an expansion of its digital banking services and the opening of new branches in remote districts, aiming to deepen financial inclusion for underserved communities.
These initiatives come as the bank reports steady profit growth and continues to contribute significantly to Jammu & Kashmir’s fiscal health.