Advances growth of 20% and Deposits growth of 31% Y-o-Y
FinTech BizNews Service
Mumbai, October 18, 2025: The Board of Directors of Jana Small Finance Bank Limited at its meeting held on Fridday, approved the financial results (subjected to a Limited Review by the statutory auditors) for the quarter and half year ended 30 th September, 2025.
Key Highlights for Q2 FY26
· Asset GLP stands at Rs31,655 crores, growing by 20% y-o-y with 73% share of secured assets.
o Secured assets grows by 34% y-o-y and Unsecured de-growth is 7% y-o-y
· Total Deposits stands at Rs32,532 crores
o Deposits growth of 31% y-o-y
o CASA grows by 20% y-o-y; TD growth of 34% y-o-y
o Credit to Deposit ratio improves to 91.4% in Q2 FY26 vs 100.2% in Q2 FY25
· Capital Adequacy ratio at 19.7% with Tier-1 CRAR of 18.8%
· Strong liquidity with LCR of 170%
· GNPA ratio is 2.8% and NNPA ratio is 0.9% with PCR at 82.0% (including technical write-off)
· PAT of Rs177 crores for H1 FY26 and Rs75 crores for Q2 FY26 after providing for accelerated
provision of Rs222 Crores in H1 FY26
Commenting on the performance, Mr. Ajay Kanwal, MD and CEO, Jana Small Finance Bank said “ The first
half of FY26 reflects strong business momentum for the Bank, with healthy growth in both deposits and
advances. Our focus on building a granular and diversified balance sheet continues to yield results, supported
by the trust of our customers and disciplined execution by our teams.
While challenges in MFI sector is on decline, our strategy to move towards having 95% of our portfolio either
Secured book or covered under a Guarantee program will start paying off from next year onwards. This
strategic shift will lead to a reduction in credit costs over the coming financial years. Overall profitability for
the period was relatively softer due to the need to provide for accelerated provision in order to meet <1%
NNPA criteria.
With the cost of funds further expected to decline in the coming quarters, we anticipate an improvement in
Net Interest Margins (NIMs). The calibrated resumption of unsecured lending, along with continued
moderation in Gross and Net NPAs, is expected to further support earnings momentum.
Backed by favourable macroeconomic conditions, prudent risk management, and operational strength,
Jana Small Finance Bank is well positioned for sustained and profitable growth in the periods ahead.”
