Archive · 14 Nov 2025
RBI Approves S Krishnan as J&K Bank Non-Executive Chairman
A new chairman named S Krishnan has been approved for the Jammu and Kashmir Bank.
He has a lot of experience, having led other banks like Punjab & Sind Bank and Tamilnad Mercantile Bank, and he even helped merge one bank with another.
His new part-time chairman job starts in November 2025 and will go until March 2028.
The government owns a big piece of this bank.
While the bank is handling more money than before, with deposits and loans growing, its profits recently went down a little bit.
This appointment is a key step for the bank's leadership.
RBI has approved Sankarasubramanian Krishnan as Non-Executive Chairman of J&K Bank.
Krishnan's appointment is effective from November 13, 2025, until March 26, 2028.
He has extensive experience, having served in leadership roles at Punjab & Sind Bank, Tamilnad Mercantile Bank, and Canara Bank.
J&K Bank reported deposits of ₹1,52,030 crore and advances of ₹1,05,153 crore as of September-end 2025.
The bank's Q2 net profit was ₹494 crore, a slight decrease year-on-year, despite overall business growth.
- Who
- Sankarasubramanian Krishnan, former MD & CEO of Punjab & Sind Bank and Tamilnad Mercantile Bank
- What
- Approved as Non-Executive, Part Time Chairman (Independent Director) of Jammu and Kashmir Bank
- When
- Effective November 13, 2025, until March 26, 2028
- Where
- Jammu and Kashmir Bank
- Why
- Appointment approved by the Reserve Bank of India
Bank's Recent Performance
Krishnan's Experience
Financial Results
Bank's Recent Performance
J&K Bank's Q2 net profit decreased by approximately 10% year-on-year, although it remained relatively stable on a sequential basis.
Krishnan's Experience
Despite the slight dip in quarterly profit, the bank has shown substantial year-on-year growth in deposits (10.23%) and advances (9.38%), leading to an overall business growth of nearly 10%.
- Appointee
- Sankarasubramanian Krishnan
- Position
- Non-Executive, Part Time Chairman (Independent Director)
- Bank
- Jammu and Kashmir Bank (J&K Bank)
- Appointment Effective Date
- November 13, 2025
- Appointment End Date
- March 26, 2028
- Government Stake in J&K Bank
- 59.40%
- J&K Bank Deposits (Sept-end 2025)
- ₹1,52,030 crore (up 10.23% y-o-y)
- J&K Bank Advances (Sept-end 2025)
- ₹1,05,153 crore (up 9.38% y-o-y)