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Jammu & Kashmir Bank Ltd. ( ($IN:J&KBANK) ) just unveiled an announcement.
Jammu & Kashmir Bank Ltd. announced that Brickwork Ratings has reviewed its credit ratings for Tier II and Additional Tier I bonds. The Tier II bonds rating has been withdrawn, while the Additional Tier I bonds rating has been reaffirmed at BWR A/Stable. This review may impact the bank’s financial strategy and stakeholder confidence.
More about Jammu & Kashmir Bank Ltd.
Jammu & Kashmir Bank Ltd. operates in the banking industry, providing a range of financial services. It is primarily focused on serving the Jammu and Kashmir region in India, offering products such as Tier II and Additional Tier I bonds under Basel III regulations.
Average Trading Volume: 216,966
Current Market Cap: 110.6B INR
For an in-depth examination of J&KBANK stock, go to TipRanks’ Overview page.