{"id":32426,"date":"2025-09-07T05:52:09","date_gmt":"2025-09-07T05:52:09","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=32426"},"modified":"2025-09-07T05:52:09","modified_gmt":"2025-09-07T05:52:09","slug":"jk-bank-ceo-hands-over-rs-130-7-cr-dividend-for-fy25-to-ut-administration","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/jk-bank-ceo-hands-over-rs-130-7-cr-dividend-for-fy25-to-ut-administration\/","title":{"rendered":"J&K Bank CEO hands over Rs 130.7-cr dividend for FY25 to UT administration"},"content":{"rendered":"

JAMMU: Jammu and Kashmir Bank CEO Amitava Chatterjee on Saturday presented dividend cheques worth Rs 130.77 crore to the Union Territory administration \u2014 the financial institution\u2019s promoter and major shareholder \u2014 for the financial year 2024-25.<\/p>\n

Initiating the payment of dividend to shareholders, Chatterjee, the bank\u2019s Managing Director and CEO, presented two dividend cheques of Rs 122.85 crore and Rs 7.92 crore to the UT administration, an official spokesman said.<\/p>\n

The dividend cheques were handed over to Lieutenant Governor Manoj Sinha at Raj Bhawan here, the spokesperson said.<\/p>\n

The dividend payout, which followed the bank\u2019s approval of 215 per cent dividend at its 87th Annual General Meeting (AGM), underscores both the bank\u2019s financial strength and its pivotal role in supporting the region\u2019s economic development, the spokesperson said.<\/p>\n

Sinha said J&K Bank should continue its focus on financial inclusion by connecting people and it should promote small and micro-enterprises for manufacturing and services.<\/p>\n

The LG also observed that J&K Bank had witnessed complete turnaround after 2019. The bank had reported a loss of Rs 1,139 crore in 2019-20. However, it was transformed and within four years it reported a profit of Rs 1,700 crore in 2023-24.<\/p>\n

Chatterjee reiterated the lender\u2019s commitment to offering the best banking services while actively contributing to Mission YUVA for inclusive, equitable, and sustainable economic growth across the Union Territory.<\/p>\n

\"J&K
J&K Bank CEO hands over Rs 130.7-cr dividend for FY25 to UT administration<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

JAMMU: Jammu and Kashmir Bank CEO Amitava Chatterjee on Saturday presented dividend cheques worth Rs 130.77 crore to the Union Territory administration \u2014 the financial institution\u2019s promoter and major shareholder \u2014 for the financial year 2024-25. Initiating the payment of dividend to shareholders, Chatterjee, the bank\u2019s Managing Director and CEO, presented two dividend cheques of […]<\/p>\n","protected":false},"author":2,"featured_media":32427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[67,15,89],"tags":[],"class_list":["post-32426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-header","category-jammu-and-kashmir","category-national"],"gutentor_comment":0,"yoast_head":"\nJ&K Bank CEO hands over Rs 130.7-cr dividend for FY25 to UT<\/title>\n<meta name=\"description\" content=\"Jammu and Kashmir Bank CEO Amitava Chatterjee on Saturday presented dividend cheques worth Rs 130.77 crore to the Union Territory\" \/>\n<meta name=\"robots\" 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