About
About The Jammu and Kashmir Bank Limited
Jammu and Kashmir Bank Limited provide various banking products and services. The company operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. It offers savings, current, salary, pension, and NRE and NRO accounts; and term deposits. The company also provides housing, consumer, education, term, car, coaching fee, personal consumption, and skill loans; festival advances; and laptop/PC, smartphone, school education, modular kitchen, Sahafat, solar equipment, and two-wheeler finance services, as well as cash credit schemes, and loans against gold ornaments and jewellery. In addition, it offers commercial vehicle, school bus, passenger bus/mini bus, dastkar, craftsmen, commercial premises, contractor, mini sheep farm establishment, construction equipment, and tourism financing services; Saral financing services to small businessmen; mortgage loans for trade and service sector, loans against property, fair price shop schemes, and start-ups financing services; Karobar cards; guaranteed emergency credit lines; credit guarantee schemes for subordinate debt; asset based agri loans, fruit advances schemes, and Giri finance schemes; and mortgage loan schemes for agricultural produce traders. Further, the company provides government sponsored schemes; life, lodge, and non-life insurance products; debit and credit cards; NRI products; and merchant acquiring services. Jammu and Kashmir Bank Limited was incorporated in 1938 and is headquartered in Srinagar, India.
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5 years, 5 months ago
The Jammu and Kashmir Bank Limited is currently in a long term uptrend where the price is trading 55.0% above its 200 day moving average.
From a valuation standpoint, the stock is 98.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.5.
The Jammu and Kashmir Bank Limited's total revenue rose by 21.1% to $219B since the same quarter in the previous year.
Its net income has increased by 1170.6% to $27B since the same quarter in the previous year.
Finally, its free cash flow grew by 3.0% to $57B since the same quarter in the previous year.
Based on the above factors, The Jammu and Kashmir Bank Limited gets an overall score of 5/5.