# Kashmir economy back on track, says J&K Bank CEO 2026-08-16T00:07:45+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Jammu and Kashmir Bank MD and CEO Amitava Chatterjee said the union territory's economy is back on track after multiple setbacks including the Pahalgam terror attack. He cited the bank's Q1 results, declared on Wednesday, which showed retail business growth doubled from Rs 700 crore to Rs 1,400 crore year-on-year. Chatterjee told The Hans India that tourist traffic jams reflected the economic rebound visible in the bank's books. 'J&K Bank's numbers are a good indication of the economy of J&K,' he said, adding that the region is harvesting the dividends of peace. Chatterjee said the growth in retail business was a strong indicator that the economy is on track. He noted that the bank's results reflect the broader economic rebound in Jammu and Kashmir. ## Coverage - thehansindia.com This story was synthesised by AI from the source linked above. Tags: Amitava Chatterjee, J&K Bank, Jammu and Kashmir, Pahalgam Canonical: https://indianopinion.org/kashmir-economy-back-on-track-says-jk-bank-ceo/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/kashmir-economy-back-on-track-says-jk-bank-ceo/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/