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via thehindubusinessline.comBusiness & Companies

J&K Bank Q2 net profit rises 28.8% sequentially to ₹546 crore

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

J&K Bank posts 28.8% QoQ net profit rise to ₹546 crore; asset quality improves, NII up, deposits and advances growth, Vision 2030 goals.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong profit growth with improved asset quality is a positive signal for the bank.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q2 net profit rose 28.8% quarter on quarter to ₹546 crore.
  2. 02Asset quality improved and net interest income increased.
  3. 03Deposits and advances grew, in line with Vision 2030 goals.

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