Profit

Confident of achieving 25% credit growth: J&K Bank chief

PUBLISHED ON: August 4, 2011 | Duration: 15 min, 34 sec

   
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Mushtaq Ahmad, chairman and CEO of J&K Bank, says the bank posted a 24.6 per cent jump in its net profit to Rs 182.2 crore for the first quarter. Ahmad is confident of achieving 25 per cent credit growth which he says will be achieved through 100 new branches and the rise in CASA deposits.
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