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Digital loans drive Coop Bank Q1 profits to Sh6 6bn

J&K Bank: J&K Bank records highest profit but high cost to income ratio and aggressive competition remain a challenge

The top officials of the bank informed that with the Government of J&Ks majority shareholding of 63.41 percent in the bank as on June 30, 2023, it is now “a public sector bank for all practical purposes” but as of now may not be strictly classified as such as per the RBI guidelines.

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