# BoI and J&K Bank Report Strong Q2 Growth

> Bank of India and Jammu & Kashmir Bank show record loan growth in Q2 with 20.4% and 23.7% year-on-year increases.
- Title: BoI and J&K Bank Report Strong Q2 Growth · Financialexpress
- Summary: Bank of India and Jammu & Kashmir Bank show record loan growth in Q2 with 20.4% and 23.7% year-on-year increases. Bank of India and Jammu & Kashmir Bank…
- Keywords: bank of india, jammu & kashmir bank, loan growth, gross advances, provisional business figures, business, money, news, BoI, Bank, Report, Strong
- Source: Financialexpress — https://financialexpress.com/business/banking-finance/boi-jampk-bank-post-strong-business-growth-in-q2/4353102
- Author: Kshipra Petkar
- Published: 2026-10-03T18:29:04+00:00
- Read time: 1 min
- Topics: bank of india, jammu & kashmir bank, q2, loan growth, gross advances, provisional business figures, business, money, news
## Bank of India and J&K Bank Report Strong Q2 Growth
Bank of India and Jammu & Kashmir Bank reported strong growth in their loan books for Q2, with gross advances rising 20.4% and 23.7% year-on-year.
## BoI's Global Advances Reach Rs 8.54 Lakh Crore
Bank of India's global gross advances rose to Rs 8.54 lakh crore as of September-end, with global deposits increasing 21.6% to Rs 10.38 lakh crore.
## BoI's Domestic Advances Grow 17.7% to Rs 7.03 Lakh Crore
Domestic advances increased 17.7% to Rs 7.03 lakh crore, while domestic deposits rose 23.3% to Rs 9 lakh crore.
## J&K Bank's Gross Advances Surge 23.7% to Rs 1.34 Lakh Crore
Jammu & Kashmir Bank recorded a 23.7% year-on-year increase in gross advances to Rs 1.34 lakh crore, ahead of 16.3% deposit growth.
## J&K Bank's CASA Ratio Drops 388 Basis Points
The bank’s current account and savings account ratio declined 388 basis points year-on-year to 42.01%.
## Other Banks Show Strong Credit Growth
Punjab National Bank, Canara Bank, UCO Bank, and others reported strong loan growth, with credit-deposit ratios rising significantly.
## Key takeaway

Bank of India and Jammu & Kashmir Bank reported strong loan growth in Q2, with gross advances rising 20.4% and 23.7% year-on-year.