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J&K Bank Clears ₹1,250 Crore Capital Raise for Expansion

Kashmir Observer

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November 28, 2025 Issue

Jammu & Kashmir Bank has approved a capital raise of up to ₹1,250 crore as the lender seeks to reinforce its balance sheet and accelerate its growth strategy amid improving financial metrics and a strengthening regional economy.

- Observer News Service

In a statement following its board meeting on 26 November, the Srinagar-based bank said the fundraising plan includes ₹750 crore in equity capital through a Qualified Institutional Placement (QIP) and ₹500 crore via privately placed,

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