Jammu & Kashmir Bank Limited operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Jammu & Kashmir Bank Limited with three other
companies in this sector in India:
South Indian Bank Limited
sales of 65.64 billion Indian Rupees [US$1.02 billion]
of which 43%
was Corporate Wholesale Banking),
Karnataka Bank Limited
(68.04 billion Indian Rupees [US$1.06 billion]
of which 34%
was Retail Banking), and
Karur Vysya Bank Ltd
(64.04 billion Indian Rupees [US$995.83 million]
of which 50%
was Retail Banking).
Jammu & Kashmir Bank Limited reported sales of 71.83 billion Indian Rupees (US$1.12 billion)
March of 2017.
decrease of 2.3%
versus 2016, when the company's sales were 73.52 billion Indian Rupees.
Contributing to the drop in overall sales was the 21.4% decline
in Other Banking Business, from 576.10 million Indian Rupees to 452.90 million Indian Rupees.
There were also decreases in sales in
Retail Banking (down 1.5% to 31.55 billion Indian Rupees)
Corporate/whole Sale Banking (down 14.4% to 22.71 billion Indian Rupees)
However, these declines were partially offset by the increase in sales of
Treasury Operations (up 5.7% to 20.92 billion Indian Rupees)