Srinagar, Aug. 26 -- Managing Director and Chief Executive Officer of Jammu & Kashmir Bank, Amitava Chatterjee on Tuesday said that the bank has a target to achieve an equal share of business from within Union Territory and from the rest of India.

"Located in Jammu and Kashmir, 100 percent of our branches here are profit-making. But we also have nearly 180 branches outside the UT. Going forward, our aim is to see business equally shared, half from J&K and half from the rest of the country in three to five years," MD & CEO said while addressing shareholders at the Annual General Meeting held at SKICC Srinagar.

He said that J&K Bank is already present in 20 states and has branches in all major Indian cities. "The time for us now is to con...