FY26 credit growth guidance maintained at 12-15%
Management reiterated credit growth guidance of 12-15% for FY26, with a robust pipeline but constrained by deposit growth.
JAMMUANDKASHMIRBANK / guidance tracker
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Jammu and Kashmir · forward-looking guidance across the available source record.
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What management said would happen.
growth
NIM guidance of 3.65-3.70% for FY26
NIM is expected to be in the range of 3.65-3.70% for FY26, with sequential improvement in Q4 as deposit repricing completes.
Capital raise of ₹1,250 crore approved
Board approved raising ₹750 crore equity and ₹500 crore Tier-2 capital, with QIP targeted by March 2026 but may spill over.
CD ratio target of 76-77% in medium term
Management aims to increase credit-deposit ratio to 76-77% from current 72%, supported by capital raise and deposit growth.
Credit growth of 12% for FY27
Management guided for 12% loan growth, but expects to outperform if system growth is higher.
Deposit growth of 10% for FY27
Deposit growth guided at 10%, with CASA ratio maintained at 45%.
NIM around 3.5% for FY27
Net interest margin guided at 3.5%, with potential upside as retail yields recover.
ROA maintained at ~1.37% and ROE ~16% for FY27
Return ratios guided to remain near current levels, with conservative assumptions.