SRINAGAR, May 5: Jammu and Kashmir Bank has achieved a significant milestone by recording its highest-ever net annual profit of Rs. 1,197 crore. This achievement is attributed to the bank’s relentless efforts towards increasing profitability, managing its assets, and maintaining a strong financial position. The bank has been able to achieve this milestone despite the challenges posed by the COVID-19 pandemic. The financial results have been released by the bank’s Board of Directors, who have expressed their satisfaction with the performance of the bank in the last fiscal year. The bank’s management has attributed the success to the collective efforts of its employees and their dedication to serving the people of Jammu and Kashmir.