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220% dividend approved at 72nd AGM <BR> &nbsp;JK Bank's Q1 profit up by 23%
31st July 2010 Srinagar
220% dividend approved at 72nd AGM <BR> &nbsp;JK Bank's Q1 profit up by 23%
J&K Bank has registered a net profit of Rs.145 crore in first quarter of the current financial year, which is an increase of 23 percent when compared to Rs.118 crore of the corresponding period of the previous financial year. The unaudited first quarter results were approved by the Board of Directors of the bank.
Meanwhile, shareholders of the Bank approved 220 percent dividend to its shareholders (Rs.22 per share) for the financial year 2009-10.