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Jammu & Kashmir Bank’s Credit Ratings Reviewed by Brickwork

Story Highlights
  • Jammu & Kashmir Bank Ltd. provides financial services in the Jammu and Kashmir region.
  • Brickwork Ratings withdrew the Tier II bonds rating and reaffirmed the Additional Tier I bonds rating.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jammu & Kashmir Bank’s Credit Ratings Reviewed by Brickwork

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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 The Tier II bonds rating has been withdrawn, while the Additional Tier I bonds rating has been reaffirmed at BWR A/Stable.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.

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