Jana Small Finance Bank Ltd

Jana Small Finance Bank will hold a meeting of the Board of Directors of the Company on 22 July 2025.Powered by Capital Market - Live

The application has been filed in line with the RBI's guidelines for 'on tap' licensing of Small Finance Banks issued on 5 December 2019, and the subsequent circular on voluntary transition to universal banks dated 26 April 2024. Universal banks provide a comprehensive range of financial services that go beyond traditional commercial and investment banking, often including offerings like insurance. Until now, small finance banks (SFBs) have largely been focused on basic banking activities such as accepting deposits and lending to underserved and unserved segments of the population. In 2016, the Reserve Bank of India introduced the concept of on-tap licensing, allowing banks to apply for licenses throughout the year instead of waiting for a specific invitation from the central bank. This made the licensing process more flexible and accessible to eligible financial institutions. For an SFB to transition into a universal bank, it must meet a series of eligibility requirements laid out by the RBI. The bank should have a minimum net worth of Rs 1,000 crore and be operating as a scheduled bank with a satisfactory performance record for at least five years. Financially, it must have posted net profits in the past two financial years, with gross non-performing assets not exceeding 3% and net NPAs capped at 1% over the same period. The bank's shares also need to be listed on a recognized stock exchange. Additionally, the RBI does not allow the introduction of new promoters or changes to existing promoter structures during the transition process. Any previously approved promoter shareholding dilution plan must remain unchanged. Preference is generally given to SFBs that have a well-diversified loan portfolio, signaling stability and reduced risk. Jana Small Finance Bank was launched in March 2018. It has national presence across 23 states and 2 union territories, spread across 802 branches. On a standalone basis, Jana Small Finance Bank's net profit fell 61.61% to Rs 123.48 crore while total income rose 11.02% to Rs 1,433.16 crore in Q4 March 2025 over Q4 March 2024. Powered by Capital Market - Live

Jana Small Finance Bank has allotted 16,590 equity shares under ESOP on 07 June 2025. With the said allotment, the paid-up equity shares of the Bank shall stand increased from 10,51,60,114 shares of Rs. 10 each to 10,51,76,704 shares of Rs. 10 each.Powered by Capital Market - Live

Net profit of Jana Small Finance Bank declined 61.61% to Rs 123.48 crore in the quarter ended March 2025 as against Rs 321.68 crore during the previous quarter ended March 2024. Total Operating Income rose 7.86% to Rs 1199.28 crore in the quarter ended March 2025 as against Rs 1111.85 crore during the previous quarter ended March 2024. For the full year,net profit declined 25.11% to Rs 501.42 crore in the year ended March 2025 as against Rs 669.54 crore during the previous year ended March 2024. Total Operating Income rose 17.34% to Rs 4709.79 crore in the year ended March 2025 as against Rs 4013.81 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Total Operating Income1199.281111.85 8 4709.794013.81 17 OPM %40.7245.64 -42.7743.10 - PBDT119.84166.49 -28 473.68514.35 -8 PBT119.84166.49 -28 473.68514.35 -8 NP123.48321.68 -62 501.42669.54 -25 Powered by Capital Market - Live

Jana Small Finance Bank will hold a meeting of the Board of Directors of the Company on 29 April 2025.Powered by Capital Market - Live

Jana Small Finance Bank has allotted 1,03,591 equity shares of face value of Rs. 10/- each have been allotted on 22nd April 2025 pursuant to the exercise of options granted to the employees of the Bank under the ESOP scheme 2017 and ESOP scheme 2018.Powered by Capital Market - Live

Jana Small Finance Bank has allotted 9,416 equity shares of face value of Rs. 10/- each have been allotted on 06 March 2025 pursuant to the exercise of options granted to the employees of the Bank under the ESOP scheme 2017 and ESOP scheme 2018. With the said allotment, the paid-up equity shares of the Bank shall stand increased from 105047108 shares of Rs. 10 each to 105056523 shares of Rs. 10 each. Powered by Capital Market - Live

The RBI, in a letter dated 6 March 2025, granted the license to Jana Small Finance Bank under Section 10 of the Foreign Exchange Management Act (FEMA), 1999. This authorization allows the bank to deal in foreign exchange, subject to compliance with applicable regulations. The AD-I license empowers Jana Small Finance Bank to expand its service offerings, providing customers with enhanced access to foreign exchange services. Jana Small Finance Bank, a scheduled commercial bank, is the 4th largest small finance bank in India. The bank has national presence across 22 states and 2 union territories, spread across 778 branches. Jana Small Finance Bank's net profit fell 17.81% to Rs 110.66 crore on 15.06% increase in total income to Rs 1,354.82 crore in Q3 December 2024 over Q3 December 2023. Powered by Capital Market - Live

Jana Small Finance Bank announced that the Reserve Bank of India vide its letter dated 06 March 2025 has granted Licence to act as Authorized Dealer Category-I (AD-I) under section 10 of FEMA, 1999 to deal in foreign exchange subject to compliance of applicable regulations in this regard.Powered by Capital Market - Live

Jana Small Finance Bank' net profit fell 17.81% to Rs 110.66 crore on 15.06% increase in total income to Rs 1,354.82 crore in Q3 December 2024 over Q3 December 2023. Profit before tax fell 21.76% year-on-year to Rs 105.34 crore during the quarter. Sequentially, the lender's net profit rose 14.43% while total income increased 0.98% in Q3 December 2024 over Q2 September 2024. PBT rose 18.81% in Q3 FY25 over Q2 FY25. Net interest income stood at Rs 593 crore in Q3 December 2024, down 0.17% compared with Rs 594 crore in Q2 September 2024. Operating income stood at Rs 770 crore. In the September 2024 quarter, the lender posted an operating income of Rs 769 crore. The bank registered a 24.4% YoY growth in its total deposits to Rs 25,865 crore. On a sequential basis, it grew by 4.3%. Its current account and savings account (CASA) deposits grew by 22.3% YoY to Rs 4,768 crore. Meanwhile, term deposits saw a 24.9% YoY increase in the December quarter of FY25. However, the CASA ratio declined to 18.4% as of December 2024, from 20.1% in September 2024 and 19.7% in March 2024, attributed to reductions in interest rates. The bank maintained a solid capital position, with a Capital Adequacy Ratio (CRAR) of 18.4% and a Tier-1 CRAR of 17.5%. Including the profits from 9M FY25, the overall CRAR rose to 20.4%. Ajay Kanwal, MD and CEO, Jana Small Finance Bank said: The Bank has delivered a strong quarter with improving credit quality and strong growth in secured assets. MFI business challenge have bottomed out but we remain cautious. Focus on retail CASA will get further attention given price cut. The strong performance in a difficult year has been possible due to the dedicated and committed effort put in by the 24,000 employees across our national footprint in 24 states and 778 branches. Jana Small Finance Bank, a scheduled commercial bank, is the 4th largest Small Finance Bank in India with an experience of over 16 years in lending and serving 12 million customers. The bank, launched in March 2018, has a national presence across 22 states and 2 union territories, spread across 778 branches. Powered by Capital Market - Live