Srinagar, July 17, 2025 — J&K Bank Financial Services Limited (JKBFSL), the wholly-owned subsidiary of Jammu and Kashmir Bank, has achieved a major business milestone by crossing ₹400 crore in Assets Under Management (AUM). The achievement reflects the growing confidence of investors in JKBFSL’s portfolio management services and its role in supporting the overall business expansion of J&K Bank.
Established as the investment and wealth management arm of J&K Bank, JKBFSL has steadily built its presence in retail investment services, mutual fund distribution, and equity broking. The company’s consistent performance and customer-centric approach have been key factors in attracting new clients and increasing its AUM base.
JKBFSL’s growth aligns with Jammu and Kashmir Bank’s strategy of strengthening its financial services ecosystem. By offering a range of investment products and financial advisory services, JKBFSL has contributed to enhancing J&K Bank’s non-interest income and deepening customer relationships.
Senior management at JKBFSL credited the milestone to investor trust, efficient service delivery, and effective risk management. The company plans to further expand its footprint in Jammu, Kashmir, and Ladakh regions while exploring new markets across India.
J&K Bank officials hailed the achievement as a sign of the subsidiary’s growing role in boosting the bank’s overall financial strength and presence in the investment services sector.
With ₹400 crore AUM, JKBFSL is poised to play a bigger role in shaping the investment landscape of Jammu and Kashmir and contributing to J&K Bank’s growth story.