J&K Bank sees margins gradually improve if rates hold steady: MD & CEO

MD & CEO Amitava Chatterjee says half of J&K Bank's loan book will come from branches outside the Union Territory within two years, as the lender diversifies after recent disruptions

Amitava Chatterjee, managing director and chief executive officer of J&K Bank, says the bank has shifted its focus to its Rest of India branches following the Pahalgam terrorist attack and the natural calamities that hit the region. In a telephonic interaction with Manojit Saha, he said the bank expects 50 per cent of its loan book to come from these branches within two years. Edited excerpts: 

How did the bank navigate the impact of the Pahalgam terror attack and subsequent natural calamities, which would have affected business? 

Yes, all of this impacted business in Jammu and Kashmir, as we had