• CASA and deposits: CASA has improved to nearly 46% with a target to reach 48% soon, while deposit growth recovered to around 11.5% in the fourth quarter despite earlier operational disruptions in Jammu and Kashmir.
• Advances growth guidance: The bank is guiding for 14% to 15% growth in advances for FY27, supported by geographical diversification that saw the rest of India contribute over 50% of the business.
• Asset quality outlook: Operations and regional MSME borrowers remain largely insulated from Middle East geopolitical tensions, with management reporting no requests for restructuring or special financial support.
• QIP and capital: With CRAR projected to end the year around 16.5% to 17%, the bank faces no immediate capital pressure and plans to pursue its QIP in the current or subsequent quarter if market conditions are conducive.
• Regional market share: Despite rising competitive intensity from PSU lenders and the presence of 38 banks in Jammu and Kashmir, J&K Bank still retains a 60% market share in the region.