Rekha Jhunjhunwala Exits Canara Bank, Mukul Agrawal Holds J&K Bank

Rekha Jhunjhunwala, a well-known investor, has reduced her stake in Canara Bank to below 1% by the end of December 2025.

She previously held 1.57% of the bank's shares.

Meanwhile, another investor, Mukul Mahavir Agrawal, kept his 1.27% stake in Jammu and Kashmir Bank unchanged.

Canara Bank's share price has increased by 35% in the last six months, while J&K Bank's share price has risen by nearly 4% in a month.

J&K Bank reported a 13.34% year-on-year increase in total business and a 10.58% increase in total deposits for the third quarter of the fiscal year 2025-26.