Podcast
Questions and Answers
What is Baldev Prakash's current position?
What is Baldev Prakash's current position?
Which qualification is not associated with Naba Kishore Sahoo?
Which qualification is not associated with Naba Kishore Sahoo?
What is Dr. Pawan Kotwal's position?
What is Dr. Pawan Kotwal's position?
Which of the following is a qualification of Santosh Dattatraya Vaidya?
Which of the following is a qualification of Santosh Dattatraya Vaidya?
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What specialized skill does Anil Kumar Goel possess?
What specialized skill does Anil Kumar Goel possess?
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Which educational background does Dr. Mandeep K Bhandari possess?
Which educational background does Dr. Mandeep K Bhandari possess?
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What industry does Anand Kumar primarily work in?
What industry does Anand Kumar primarily work in?
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Which individual has experience in both banking and risk management?
Which individual has experience in both banking and risk management?
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In which decade did J&K Bank incorporate and sponsor RRB Bank?
In which decade did J&K Bank incorporate and sponsor RRB Bank?
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What award did J&K Bank receive that recognizes its global corporate social responsibility efforts?
What award did J&K Bank receive that recognizes its global corporate social responsibility efforts?
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Which prestigious award was given to MD & CEO Baldev Prakash?
Which prestigious award was given to MD & CEO Baldev Prakash?
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During which timeframe did J&K Bank receive a Development Leadership Award?
During which timeframe did J&K Bank receive a Development Leadership Award?
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What is the PAT (Profit After Tax) figure for J&K Bank during FY2023-24?
What is the PAT (Profit After Tax) figure for J&K Bank during FY2023-24?
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In what year’s quarter does the FY2024-25 PAT data appear?
In what year’s quarter does the FY2024-25 PAT data appear?
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What type of services does J&K Bank provide beyond local communities?
What type of services does J&K Bank provide beyond local communities?
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What is the significance of the year 2000s in J&K Bank's journey?
What is the significance of the year 2000s in J&K Bank's journey?
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What purpose does the Jammu and Kashmir Bank's presentation serve?
What purpose does the Jammu and Kashmir Bank's presentation serve?
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What term indicates a statement that may not guarantee future results?
What term indicates a statement that may not guarantee future results?
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Which of the following is a risk that may affect the Bank's ability to implement its strategy?
Which of the following is a risk that may affect the Bank's ability to implement its strategy?
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What does the Bank emphasize regarding reliance on financial data presented?
What does the Bank emphasize regarding reliance on financial data presented?
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Which financial aspect might uncertainty affect according to the presentation?
Which financial aspect might uncertainty affect according to the presentation?
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What aspect of the banking operation is mentioned as having potential uncertainties?
What aspect of the banking operation is mentioned as having potential uncertainties?
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In which year was Jammu and Kashmir Bank Limited incorporated?
In which year was Jammu and Kashmir Bank Limited incorporated?
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Which of the following could be a consequence of relying on forward-looking statements?
Which of the following could be a consequence of relying on forward-looking statements?
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How many branches does Jammu and Kashmir Bank Limited have operating in the UT of J&K?
How many branches does Jammu and Kashmir Bank Limited have operating in the UT of J&K?
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What could lead to a change in the Bank's provisioning policies?
What could lead to a change in the Bank's provisioning policies?
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Which entity is the majority holder of Jammu and Kashmir Bank Limited?
Which entity is the majority holder of Jammu and Kashmir Bank Limited?
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What type of sectors does Jammu and Kashmir Bank Limited cater to?
What type of sectors does Jammu and Kashmir Bank Limited cater to?
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What is the total number of branches Jammu and Kashmir Bank Limited has outside the UTs of J&K and Ladakh?
What is the total number of branches Jammu and Kashmir Bank Limited has outside the UTs of J&K and Ladakh?
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In what capacity has the Reserve Bank of India designated Jammu and Kashmir Bank Limited?
In what capacity has the Reserve Bank of India designated Jammu and Kashmir Bank Limited?
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Which subsidiary does Jammu and Kashmir Bank Limited have?
Which subsidiary does Jammu and Kashmir Bank Limited have?
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How many states or UTs does Jammu and Kashmir Bank Limited have a presence in?
How many states or UTs does Jammu and Kashmir Bank Limited have a presence in?
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What is the focus area for improving asset quality as stated in the key strategies?
What is the focus area for improving asset quality as stated in the key strategies?
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What was the operating profit for Q1 FY 2024?
What was the operating profit for Q1 FY 2024?
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Which capital adequacy ratio indicates the bank's ability to meet its obligations?
Which capital adequacy ratio indicates the bank's ability to meet its obligations?
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What category had the highest percentage of Gross Advances as of June 2024?
What category had the highest percentage of Gross Advances as of June 2024?
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Which factor is emphasized for increasing profitability in the key strategies?
Which factor is emphasized for increasing profitability in the key strategies?
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What was the Net Profit/Loss for Q1 FY 2025?
What was the Net Profit/Loss for Q1 FY 2025?
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What does the Provision Coverage Ratio (PCR) indicate?
What does the Provision Coverage Ratio (PCR) indicate?
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Which of the following areas is NOT mentioned as a key area for investment to reduce costs?
Which of the following areas is NOT mentioned as a key area for investment to reduce costs?
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What trend was observed in the Gross NPA percentage from March 2024 to June 2024?
What trend was observed in the Gross NPA percentage from March 2024 to June 2024?
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Which financial measure reflects the high cost of funds?
Which financial measure reflects the high cost of funds?
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What is the expected effect of expanding the branch and ATM network?
What is the expected effect of expanding the branch and ATM network?
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What was the Operating Income for Q4 FY 2024?
What was the Operating Income for Q4 FY 2024?
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Which strategy is aimed at improving the Non-interest income?
Which strategy is aimed at improving the Non-interest income?
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What was the Net NPA percentage in March 2024?
What was the Net NPA percentage in March 2024?
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Which sector has the highest gross advances as of June 2024?
Which sector has the highest gross advances as of June 2024?
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What is the GNPA percentage for the Trade sector?
What is the GNPA percentage for the Trade sector?
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Which category contributes the least to gross advances?
Which category contributes the least to gross advances?
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What was the total gross advances as of June 2024?
What was the total gross advances as of June 2024?
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What percentage of the exposure does Personal Finance account for?
What percentage of the exposure does Personal Finance account for?
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Which investment category has the highest yield for FY2023-24?
Which investment category has the highest yield for FY2023-24?
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During which period did Personal Finance see significant growth in gross advances?
During which period did Personal Finance see significant growth in gross advances?
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What is the CD ratio as of Jun-24?
What is the CD ratio as of Jun-24?
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What was the yield of Corporate Bonds for FY2023-24?
What was the yield of Corporate Bonds for FY2023-24?
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Which sector has the lowest GNPA percentage?
Which sector has the lowest GNPA percentage?
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Which award did J&K Bank win in 2023 for its contribution to the housing sector?
Which award did J&K Bank win in 2023 for its contribution to the housing sector?
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What was the total gross investments recorded?
What was the total gross investments recorded?
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In which year did the CASA ratio drop below 50%?
In which year did the CASA ratio drop below 50%?
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Study Notes
Investor Presentation Q1 FY 2024-25
- J&K Bank Limited's investor presentation covers their performance in the first quarter of fiscal year 2024-25.
- The presentation is from Jammu and Kashmir Bank Limited.
- The corporate headquarters is located in M.A. Road, Srinagar 190 001.
Disclaimer
- The presentation is for informational purposes only and does not account for individual financial circumstances or goals.
- Forward-looking statements are included but may differ materially from actual results.
- The presentation acknowledges various risks, uncertainties, and other factors that could impact the bank's performance.
- The bank's financial data are based on audited financials and/or reviewed financials with mentions of possible management estimations and their associated responsibilities.
Overview of the Bank
- Jammu and Kashmir Bank has a strong market presence in the Jammu & Kashmir and Ladakh regions.
Jammu and Kashmir Bank Limited – Oldest Private Sector Banks in India
- The bank was incorporated on October 1, 1938.
- It serves a wide range of customers, including retail, corporate, agriculture, and MSME.
- It has a substantial branch network with 1001 branches, including 832 operating in J&K, 37 in Ladakh and 132 outside J&K.
- The bank has operational autonomy and has a subsidiary called JKB Financial Services Limited and also sponsors J&K Grameen Bank Limited.
- It utilizes technology to deliver services and conduct government banking in J&K and Ladakh.
Journey of 8 Decades
- Contains historical information about the bank from 1938 to the present.
- Highlights key achievements and milestones, such as awards for CSR Excellence, Leadership, Top Banker Awards, Internet Banking, Bancassurance partnerships, and various certifications.
- Points out recognitions received for development leadership, impacting CEOs, and Finacle Innovation Awards.
Interest Earnings and Advances Mix
- Shows the mix of retail vs. corporate advances for different periods (March 31, 2024 and June 30, 2024).
- Includes financial details for each quarter (2021-22, 2022-23, 2023-24, Q1 2024-25) and the amount of interest income for each period.
Q1 FY 2024-25 Performance
- Provides details of the bank's performance in Q1 FY 2024-25, including key financial figures like interest earned, interest expended, operating income, and net profit.
YOY Comparison at a Glance (Q1 June 2023 vs Q1 June 2024)
- Includes a comparison of key performance indicators like NIM, PAT, RoA, deposits, gross advances, Tier I and II capital, CRAR, GNPA, and NNPA for Q1 2023 vs. Q12024.
Key Financial Ratios-Trajectory
- Presents analysis of key financial ratios (such as Cost of Deposits, Cost of Funds, Yield on Advances, and Yield on Investments) for the bank over time.
- Includes data from FY2021-22 through Jun 2024 and relates these ratios to Return on Assets, Return on Average Networth, Earnings per Share and Book Value per Share.
Key Strengths
- Highlights the bank's legacy, loyal customer base, and established brand image.
- Strong market presence in J&K and expansion in other strategic areas.
- Healthy mix of retail and business advances, with focus on MSME, retail, CASA.
- Consistent growth in deposit base.
Key Strategies
- Focus on improving asset quality (NPA reduction, loan recovery), technology, and expanding CASA base and customer reach.
- Emphasizes investment in technology and digital banking.
Financial Performance
- The presentation contains data and analysis on the financial performance of J&K Bank, likely including profitability, and key financial figures.
Condensed Profit and Loss Account
- Presents the bank's profit and loss statement for the first and fourth quarters of FY2024, and for the full FY2023 and Q1 FY2024–25.
Condensed Balance Sheet
- Shows the bank's balance sheet details, including asset and liability information, for the periods related to the given financial statements.
Asset Quality
- Covers the movement of Gross NPAs and financial details including Provision Coverage ratio.
- Includes various components of specific categories of advances, which is categorized by standard, sub-standard, doubtful, and loss.
- Contains information on the movement of gross NPAs in specific financial periods.
Sector-Wise Credit Deployment
- Shows a breakdown of the bank's loan portfolio by industry sector, including exposure percentages and related financial information for each sector
Annexures
- Contains supplementary data and details likely related to the bank’s financial operations.
Awards and Accolades
- Discusses awards and recognition received by J&K Bank, demonstrating its achievements in specific areas (like MSME operations)
Shareholding information
- This section shows details of the bank's shareholding structure, including ownership percentages for various categories of shareholders.
Consisting Financial Performance
- Data pertaining to the bank's financial performance and key factors for different financial durations.
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Description
This quiz covers the key points from J&K Bank Limited's investor presentation for the first quarter of fiscal year 2024-25. It highlights the bank’s performance, market presence, and important disclaimers regarding financial data and forward-looking statements. Test your knowledge about the bank's operations and risks involved.
