Transactions comprising of two demand orders
As filed · The Jammu & Kashmir Bank Limited has informed the Exchange about General Updates
RegulatoryNotablemateriality 67 out of 100
What happened
FactTransactions comprising of two demand orders. Demand order dated February 04, 2025, from Joint Commissioner, Central GST. Demand order dated March 23, 2026, from Additional Commissioner, Central GST.
Why it matters
CapitSignal interpretationA tax demand is a contingent claim on cash: it either becomes a payment, or an appeal that ties up management attention and often a deposit.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnEarlierQ1 FY27
ROA will be 1.25% plus.
NowQ1 FY27
Credit growth, 12% deposit growth, 10%, CASA 45% NIM around 3.5%, ROA maintaining around 2026 levels, ROE around 16%, GNPA below 2.25%.
Change
FactGuidance withdrawn
Implication
CapitSignal interpretationThe earlier statement provided a specific target for ROA at 1.25% plus, while the current statement no longer specifies a target for ROA, indicating a withdrawal of guidance on that metric.confidence 90%
Watch next
Fact- Whether the company is appealing
- Amount deposited pending appeal
- Whether it is provided for in the accounts
- Deposit growth - 10% (management committed by FY27)
- Credit growth - 12% (management committed by FY27)
Evidence
- The Jammu & Kashmir Bank Limited has informed the Exchange about General Updates(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- TAX_DEMAND base 62; +5 quantified amount; matched on body
- Matched on:
- body text (weaker evidence than a subject match)
- Confidence in the event type:
- 50%