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Pratik D Punjabi appointed as Chief Financial Officer of J&K Bank

SRINAGAR: The Jammu and Kashmir Bank’s board on 10 June 2022 approved the appointment of Pratik D Punjabi as the Chief Financial Officer.

Punjabi’s appointment will be effective from the date of his actual joining, Jammu and Kashmir Bank (J&K Bank) said in a statement.

Srinagar-based J&K Bank is a scheduled commercial bank. It functions as a leading bank in the Union Territories of Jammu & Kashmir and Ladakh. The State Government of Jammu and Kashmir holds 70.12% in the bank. J&K Bank’s net profit fell 64.47% to Rs 112.20 crore on 4.81% rise in total income to Rs 2,209.40 crore in Q4 March 2022 over Q4 March 2021. Shares of J&K Bank fell 0.69% at Rs 28.65 on the BSE. (Agencies)


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