Jammu And Kashmir Bank

Jammu and Kashmir Bank Limited was established in the year 1938. The Bank was the first in the country as a state owned bank. It offers banking services under the three major divisions as Support services, Depository services and Third party services. Presently, the bank has more than 560 branches under its control to serve the customers across the country. The bank also acts as a corporate agent of MetLife India Insurance Company. J&K Bank has entered into an alliance with Bajaj Allianz to distribute the latter's non-life products. The bank has entered into an arrangement with AMCs such as UTI, Kotak and Reliance Mutual Fund to distribute their current schemes and NFOs (New fund offer). The company plans to develop new financial products for agriculture, horticulture and artisan sector. It also plans to widen its product portfolio.

         Jammu and Kashmir Bank Limited is public limited. Shares of the company are traded on BSE and NSE and are amongst the most preferred companies of the market. 

         

 

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