{
Jana Small Finance Bank Limited

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}

Jana Small Finance Bank shares plunge after disappointing quarterly results

Jana Small Finance Bank's shares plummeted 11% to Rs 454 on October 22 following disappointing Q2FY25 results, with net profit falling 21% YoY to Rs 96 crore. Total expenditure surged 21.3% YoY to Rs 1,042 crore, despite a 31% increase in deposits and a 17% rise in advances. The bank maintains a capital adequacy ratio of 18.8% and a robust liquidity coverage ratio of 261%.
Moneycontrol
Indian Rupee Jana Small Finance Bank Limited IND
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11:54 22.10.2024
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