Pahalgam terror attack not to hit J&K Bank: CEO Amitava Chatterjee

Following the terror attack in Pahalgam, Jammu and Kashmir Bank anticipates minimal direct impact, as tourism exposure constitutes only one per cent of its portfolio. MD & CEO Amitava Chatterjee highlights the region’s historical resilience and strong repayment culture. The bank reported a net profit of Rs 584.54 crore for the January-March quarter.