Jana Small Finance Bank

RBI returns Jana SFB's application seeking universal banking licence

Jana Small Finance Bank's bid to transition into a universal bank was returned by the RBI for not meeting the eligibility criteria under the 2024 framework for small finance banks.

Jana Small Finance Bank applies to RBI for universal banking licence

Jana Small Finance Bank Applies to RBI for Universal Banking License

The goal is a solid bank with tight credit, governance: Jana SFB MD & CEO

Jana Small Finance Bank's Managing Director and Chief Executive Officer discusses the bank's future plans and growth strategy

Here's why Jana Small Finance Bank share is buzzing in trade on June 10

Jana SFB shares advanced after the lender submitted an application to the Reserve Bank of India (RBI), seeking its approval to convert from a Small Finance Bank to a Universal Bank.

Jana Small Finance Bank may apply for universal bank licence this month

Jana Small Finance Bank will join AU Small Finance Bank and Ujjivan Small Finance in the list of the small finance banks that are seeking a universal banking licence from the RBI

Jana Small Finance jumps 5% as Nuvama initiates coverage, 35% upside seen

Jana Small Finance Bank's stock was quoting at ₹447.55, up 1.15 per cent on the National Stock Exchange

Jana Small Finance Bank shares zoom 12% on getting AD-I licence from RBI

Under Section 10 of Foreign Exchange Management Act (FEMA), the RBI has the power to regulate foreign exchange transactions and authorise specific financial institutions to act as intermediaries

Why Jana Small Finance Bank climbed 18% after Q3FY25 results; details here

Jana Small Finance Bank share price jumped 18.5 per cent at Rs 434.50 a piece on the BSE in Wednesday's intraday trade

Jana Small Finance Bank drops 11% after 21% decline in Q2FY25 net profit

Jana Small Finance Bank reported a 21 per cent YoY decline in its Q2FY25 net profit at Rs 96.7 crore, from Rs 122.8 crore in the corresponding quarter of the previous year

Jana SFB ups short term deposit rate, aims to compete with liquid MF

The move comes at a time when banks are scrambling for deposits amid healthy loan growth

Jana Small Finance Bank stock tanks 7% after Q1FY25 earnings; check details

Shares of Jana Small Finance Bank dipped up to 6.93 per cent at Rs 646.70 per share on the BSE in Tuesday's intraday deals

Jana SFB Q1 result: Net profit rises 89% to Rs 171 cr, NII up at Rs 610 cr

Jana Small Finance Bank on Monday reported an 89 per cent jump in its post-tax net profit to Rs 171 crore for the April-June quarter. The lender had reported a profit after tax of Rs 90 crore in the year-ago period. The core net interest income grew to Rs 610 crore from Rs 462 crore in the year-ago period on the back of a 25 per cent growth in advances and a 0.4 per cent expansion in the net interest margin to 8 per cent. The non-interest income was flat at Rs 189 crore for the reporting quarter. Amid the sluggish deposit growth in the system, the bank seems to have ducked the trend with a 41 per cent growth in the number. Its gross non-performing assets ratio increased to 2.62 per cent in June against 2.11 per cent at the end of the preceding March quarter, which was attributed to seasonal and event-driven factors by its managing director and chief executive Ajay Kanwal. The overall capital adequacy as of June 30 stood at 19.3 per cent against 18.7 per cent in the year-ago ...

This bank stock has surged 55% in 4 days; zoomed 103% from listing day low

Jana Small Finance Bank hit a record high of Rs 740 as they rallied 15% on the BSE in Monday's intraday trade amid heavy volumes

Jana SFB may apply for universal bank licence in next financial year

Last week, the Reserve Bank of India spelt out a glide path for SFBs to convert into universal banks.

This recently listed small finance bank stock surges 20% on strong results

Jana Small Finance Bank stock update: The stock rallied to its highest level post listing after the bank reported significant improvement in NPAs.

Jana Small Finance Q4 results: Net profit jumps multi-fold to Rs 322 cr

Jana Small Finance Bank on Monday reported a multi-fold jump in March quarter net profit at Rs 321.67 crore on the back of gains from a tax write-back. The Bengaluru-headquartered lender had reported a net profit of Rs 80.99 crore in the year-ago period and Rs 134.64 crore in the quarter-ago period. Its net profit for FY24 increased to Rs 669.54 crore, up from the year-ago period's Rs 255.97 crore. For the quarter under review, its total income rose to Rs 1,290.94 crore, from Rs 1,009.78 crore in the quarter-ago period. The total expenditure came at Rs 949 crore for the reporting quarter, while the provisions were at Rs 175 crore. However, a tax write-back of Rs 155 crore helped the bank report the handsome profit growth for the quarter. Its gross non-performing assets ratio improved to 2.11 per cent from the 2.19 per cent in December. The overall capital adequacy ratio stood at 20.31 per cent as of March 31, 2024.

Jana Small Finance Bank gets RBI nod to re-appoint Ajay Kanwal as MD & CEO

On February 14, Bengaluru-based Jana Small Finance Bank was listed at a 4 per cent discount of its initial public offering price

Jana SFB Q3FY24 results: Net profit rises 12.82% to Rs 134.64 crore

Its net interest income rose by 24.4 per cent Y-o-Y to Rs 548.5 crore in Q3, up from Rs 440.8 crore in Q3 FY23

Jana Small Finance Bank makes weak debut; lists 4% below issue price

The Rs 570-crore initial public offer (IPO) was subscribed 19.89 times, with steady demand across investor categories.

Jana Small Finance Bank IPO subscribed 88% on first day of bidding

The offer comprises of fresh issue of equity shares aggregating up to Rs 462 crore and offer for sale of up to 26,08,629 equity shares