Srinagar, May 6 -- Prakash made these remarks while addressing a press conference held at the J&K Bank Corporate Headquarters on Monday.

He said that the bank has recorded a staggering profit of 1767 crore rupees, marking a significant milestone in its 85-year history.

"I thank the board management and stakeholders for their support in achieving this record-breaking profit. The bank's success is a testament to the dedication and efforts of its staff and stakeholders," he said.

Addressing concerns about asset quality of the bank, Prakash highlighted substantial improvements made in this area. He acknowledged past challenges, stating that the maximum Non-Performing Assets (NPA) had reached 9.67% in previous years. However, through concer...