130% return in one year: Brokerage recommends buying this bank stock trading at Rs 131, know target price
Stock to buy: SBI Securities says despite industry-wide pressure on the liability side, the bank's CASA ratio as of March 24 is 50.51 per cent, one of the best in the industry. Development is being seen in Jammu and Kashmir due to improvement in law and order situation. The emphasis on building infrastructure is helping key sectors of Jammu and Kashmir's economy such as agriculture, tourism, and arts and crafts to grow rapidly. Cost benefits are expected from the further retirement of high-cost employees.
The bank will pay Rs 2.15 per equity share dividend of a face value of Rs 1 each. Image: Freepik | representational