In loving memory of Dr. Priya Ranjan: A mentor who treated me like family

SRINAGAR: J&K Bank has announced that the Board-of-Directors, in a meeting held on 26th November 2025, has approved raising capital aggregating up to Rs 1250 Crore to strengthen the Bank’s balance sheet and support its future growth plans.

In a regulatory filing, the Bank said that the capital raise comprises Rs 750 Crore of Equity Share Capital through Qualified Institutional Placement (QIP) in one or more tranches and Rs 500 Crore through issuance of Non-Convertible, Redeemable, Unsecured, BASEL III-compliant Tier 2 bonds in the nature of debentures on a private placement basis, subject to applicable regulatory approvals.

Commenting on the Board’s decision, MD & CEO Amitava Chatterjee said, “The approval to raise fresh capital underscores the Board’s confidence in the Bank’s trajectory and strengthens our ability to pursue calibrated growth. The infusion will further enhance our capital adequacy, support business expansion across key sectors, enhance our ability to absorb risk thereby reinforcing our long-term commitment to improved asset quality, profitability, and shareholder value.”

He further added, “The leadership remains focused on building a strong, resilient and future-ready Bank by strengthening its ability to grow sustainably while meeting future business and regulatory requirements.”



Your voice can reach the world: At JK Monitor, we firmly believe that every well-researched idea has the power to inspire change beyond geographical boundaries. We are delighted to share an encouraging message from one of our esteemed contributors, Dr. Rakesh Verma (J&K Forest Services). “His article, ‘When Trees Become Rights-Bearing Citizens: A Lesson from Canada for India’s Ecological Future,’ published on JK Monitor, received appreciation from La Compagnie des Papillons Bleus, the French non-profit organisation that founded and promotes the Universal Declaration of Tree Rights.”.  Read the message here
A Profound Loss: JK Monitor Mourns the Passing of Founding Chairman Dr. Priya Ranjan

We at JK Monitor are profoundly saddened by the sudden demise of our Founding Chairman, Dr. Priya Ranjan.IN LOVING MEMORY Dr Priya Ranjan

A brilliant mind who studied at Netarhat Residential School and graduated in Electrical Engineering from IIT Kharagpur before earning his PhD from the University of Maryland, Dr. Ranjan chose to return to India and dedicate his life to teaching, research and social good.

His pioneering work in networked systems, AI, robotics and biomedical applications—especially computer-vision tools for early detection of cancer and heart disease—reflected his deep belief that advanced technology must serve humanity.

For more than 15 years at JK Monitor, he remained a loyal friend, mentor and collaborator, marked by rare humility, intellectual integrity and quiet generosity. His passing leaves a void that cannot be filled. Priya, you will be deeply missed. Your life continues to remind us that knowledge finds its highest purpose in the service of others.

— Team JK Monitor

       LOOK_HERE.jpg Esteemed readers, for your convenience, we have categorized our news publishing into following 👇