Jana Small Finance Bank (Jana SFB) has reported a net profit of Rs 102 crore for the first quarter of FY26, after setting aside accelerated provisions of Rs 150 crore. The bank’s resilient performance reflects robust growth across core metrics, supported by a strong secured lending portfolio and rising deposit base.
The Board of Directors approved the Q1 FY26 results during its meeting on July 22, 2025. Notably, the bank’s advances rose 16 per cent year-on-year (YoY) to Rs 29,930 crore, with secured assets now making up 71 per cent of the total loan book, a 36 per cent YoY increase. On the liabilities side, total deposits grew by 24 per cent YoY to Rs 29,426 crore, driven by a 28 per cent increase in term deposits and an 8 per cent rise in CASA (Current Account Savings Account) balances.
While the Net Interest Income stood at Rs 595 crore, marginally down from the previous quarter, other income jumped to Rs 266 crore, helping offset rising operating expenses. The Capital Adequacy Ratio (CAR) remained strong at 20.5 per cent, including interim profits, and the Gross NPA stood at 2.8 per cent, with Net NPA steady at 0.9 per cent.
Jana SFB also filed an application with the Reserve Bank of India (RBI) to transition into a Universal Bank, marking a significant milestone in its growth journey.
Commenting on the results, Ajay Kanwal, MD & CEO, said, “India’s macroeconomic fundamentals remain strong, and Jana Bank is well-positioned to capture growth across our core segments, housing finance, rural lending, and MSME financing. With easing monetary policy, increasing digital adoption, and structural tailwinds, we expect to see improvements in Net Interest Margins and asset quality in coming quarters.”
He further noted that as unsecured lending resumes gradually, it would add to earnings momentum, even as the bank maintains a calibrated risk approach.
Jana SFB, India’s fourth-largest small finance bank, continues to blend digital innovation with grassroots presence, operating across 809 branches in 23 states and two union territories. With over 17 years of experience and 12 million customers, the bank is increasingly seen as a key player in inclusive financial services.
In a recent accolade, the bank also secured the top position in the Small Finance Bank category at the Digital Payments Awards 2023–24, organised by the Ministry of Finance, Government of India.
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