Jana Small Finance Bank Ltd

Jana Small Finance Bank Ltd has announced the conclusion of Dr. Subhash Khuntia's term as a Director. This cessation is effective from the close of business hours on July 27th, 2026, in accordance with Section 149(10) of the Companies Act, 2013. The Board of Directors has acknowledged this development. This marks a change in the board composition for the bank.

Jana Small Finance Bank Limited has announced the inauguration of its 826th branch located in Vaishali Nagar, Jaipur, Rajasthan. The branch was officially opened on July 16th, 2026, by Shri Gautam Kumar Dak, Hon'ble Minister of State for Cooperative & Civil Aviation, Government of Rajasthan. This expansion aims to enhance access to formal banking services for individuals, families, entrepreneurs, and small businesses in the region, contributing to financial inclusion and regional development. The new branch will serve the banking needs of customers in Vaishali Nagar and surrounding areas.

Jana Small Finance Bank Limited has been awarded the IBA Banking Technology Award for Identity & Access Management in the Small Bank category at the 5th IBA CISO Summit & Citations 2026. The award acknowledges the bank's efforts in enhancing its identity and access management framework, bolstering information security, and providing secure digital banking services. This recognition highlights the bank's commitment to technological advancement and customer security in its digital offerings.

Jana Small Finance Bank disclosed a divergence in asset classification and provisioning for Non-Performing Assets (NPAs) for the financial year 2024-25, as per the Reserve Bank of India's (RBI) Risk Assessment Report. The RBI assessed Gross NPAs at ₹919 crore, higher than the bank's reported ₹750 crore, resulting in a divergence of ₹169 crore. Similarly, Net NPAs assessed by RBI were ₹423 crore, compared to the bank's reported ₹254 crore, also a divergence of ₹169 crore. The provisioning divergence was ₹42 crore, with RBI assessing ₹537 crore against the bank's reported ₹495 crore. Consequently, the adjusted (notional) Net Profit After Tax (PAT) for FY2025, considering this divergence, would be ₹459 crore, down from the reported ₹501 crore. The bank stated that this divergence has already been provided for in FY2026, with no further impact on the P&L for FY2027.

Jana Small Finance Bank reported a Profit After Tax (PAT) of ₹155 Crores for the quarter ended June 30, 2026, marking a significant 52% year-on-year increase. The bank's Gross Lending Portfolio (GLP) grew by 26% YoY to ₹37,612 crores, with secured assets forming 73% of the portfolio. Total deposits increased by 22% YoY to ₹35,756 crores, driven by a 31% YoY growth in CASA. Asset quality improved with GNPA at 2.24% and NNPA at 0.85%. Net Interest Margin (NIM) expanded to 7.5%. The bank also announced plans to raise Tier-1 Capital of ₹728 crores via Share Warrants.

Jana Small Finance Bank Ltd announced its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors approved the results during a meeting held on July 15, 2026. Key financial metrics disclosed include a Debt-Equity Ratio of 0.99 and a Net Worth of ₹4,463.49 crores. The bank reported a Net Profit After Tax of ₹155.23 crores and Earnings Per Share of ₹14.74 (Basic) and ₹14.69 (Diluted). Capital Adequacy Ratio stood at 20.18%, with Gross NPA at 2.39% and Net NPA at 0.91%. The bank confirmed full utilization of funds raised for their intended purposes.

Jana Small Finance Bank opened FY27 with standalone net profit of ₹155.23 Cr for the June quarter, up 52.3% YoY (₹101.93 Cr) and 11% QoQ (₹139.82 Cr), on interest earned of ₹1,514.53 Cr (+21% YoY) and total income of ₹1,741.45 Cr. EPS rose to ₹14.74 from ₹9.69 a year ago. The profit growth outpaced topline growth because the bank pays no current tax (nil in both periods, utilising accumulated DTA) and because credit costs fell: provisions dropped to ₹177.93 Cr from ₹186.71 Cr YoY and ₹194.90 Cr in Q4. Pre-provision operating profit was ₹333.16 Cr, up 15.4% YoY but flat sequentially. There are no exceptional or one-off items, so reported and adjusted growth are identical at +52.3%. Margins and returns are the real story. Net profit margin expanded to 8.91% from 6.72% a year ago (8.18% in Q4), and annualised RoA improved to 1.35% from 1.07% — already ahead of the street's 1.2% FY27E return assumption. Asset quality strengthened, with gross NPAs at 2.39% (2.91% YoY) and net NPAs at 0.91%. Capital adequacy rose to 20.18% (Basel II), lifted 43 bps by the ₹102.76 Cr received as 25% subscription on 88.43 lakh warrants issued during the quarter (balance 75% due within 18 months on conversion) — the same warrant issue flagged in this quarter's corporate actions. The caveat is pace versus expectations. Management guided to >80% FY27 PAT growth on the last concall (deposit growth 23-25%, gross loan growth 19-21%, secured book +25-30%) and analyst previews modelled >90% FY27E PAT growth on a low base; Q1's +52% YoY, while strong in absolute terms, is running below both, implying an H2-weighted delivery reliant on the guided decline in cost of funds and operating leverage. Management gives no separate quarterly guidance. A CCO resignation was disclosed during the quarter and the parent (Jana Holdings) sold TVS Motors shares — neither bears on the bank's operating numbers. Consolidation is not applicable as the bank has no subsidiaries.

Jana Small Finance Bank Limited has been honored with two Gold awards by TransUnion CIBIL for its excellence in data quality. The bank received the 'Best Data Quality Award – SFB Consumer – Gold' and the 'Best Data Quality Award – SFB MFI – Gold' at TransUnion CIBIL's Annual Conference 2026, held in Mumbai on July 1, 2026. These accolades recognize the bank's commitment to maintaining high standards in data quality for both consumer and microfinance institution segments.

Jana Small Finance Bank Ltd has announced the resignation of Mr. Asheesh Maroo from his position as Chief Credit Officer. The resignation is effective from the close of business hours on August 30, 2026, due to personal reasons related to his relocation back to Mumbai. The bank has stated that it will intimate the successor in due course. This change is being reported in compliance with SEBI Listing Regulations.

Jana Small Finance Bank Ltd has announced that its Board of Directors will convene on July 15, 2026. The primary agenda item is to consider and approve the unaudited financial results for the quarter ending June 30, 2026. The meeting will also address other business matters. In conjunction with this, the trading window for the bank's securities will be closed from July 1, 2026, to July 17, 2026, for all directors and designated employees.