It is a broadly described annual report of Jammu and Kashmir Bank in the year of 2016-2017. During the financial year, The Bank’s total business of the bank as on 31st March 2017 stood at Rs. 4633.97 Crore against Rs. 4171.37 Crore as on 31st March 2016, thereby showing an increase of Rs. 462.60 Crore registering a growth of 11.09% during the year 2016-17. The Gross Profit for the financial year 2016-17 stood at Rs. 1294.34 Crore. The bank registered a Net loss of Rs. 1632.29 Crore for the financial year 2016-17. The Net Worth of the bank stood at Rs. 5676.50 Crore on 31st March 2017. Book Value per Share for the financial year 2016-17 stood at Rs. 116.80.
The Board of Directors of the bank has Not recommended any dividend for the financial year 2016-17.
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