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J&K Bank to focus on improving other income

Financial Express Lucknow

|

June 25, 2025

IN ORDER TO improve growth in other income, Jammu & Kashmir (J&K) Bank has decided to create a separate vertical, managing director and chief executive officer Amitava Chatterjee said.

- KSHIPRA PETKAR

He added that after taking charge, he realised soon that the business coming from foreign exchange and miscellaneous activities had declined significantly. This led to the decision to create a separate vertical for the same.

Currently, other income forms a small part in the bank's book. It was at ₹404.31 crore in the January-March quarter.

In some of his other moves, Chatterjee is augmenting all resources and redirecting them towards focus areas.

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