Capital Adequacy at 18.8% with Tier-1 CRAR of 17.8%. Strong liquidity with LCR of 261%
FinTech BizNews Service
Mumbai, 21 October, 2024: Jana Small Finance Bank today announced its unaudited financial results for quarter and half year ending September 30, 2024.
Key Highlights for H1 FY25
· Loan AUM stands at Rs26,411 crore, growing by 17% y-o-y with 65% assets secured.
o Secured growth 16% for H1 and Unsecured de-growth of H1 is 7%
· Total Deposits stands at Rs24,808 crore
o Deposits growth of 31% y-o-y and 10% in H1
o CASA deposits stand at Rs4,977 crore, increasing by 28% y-o-y and 12% in H1
o TD growth of 32% y-o-y, 10% in H1
o CASA ratio stands at 20.1% as at September-24 increased from 19.7% in March-2024
· Capital Adequacy at 18.8% with Tier-1 CRAR of 17.8%. Strong liquidity with LCR of 261%
· Considering interim profit for H1 FY25, CRAR is 20.3% and Tier-1 CRAR is 19.3%
· Profit after tax (PAT) stood at Rs267 crore in H1 FY25 as compared to Rs 213 crore in H1 FY24 registering a growth of 25% y-o-y
· Cost Income ratio at 58.3%, ROA at 1.6% and ROE at 14.5%
· GNPA at 2.86% led by MFI stress; NNPA at 0.95% and PCR at 67.3%
· PAT of Rs. 267 crores after creating for an additional buffer provision of Rs. 115 crores and adding DTA of Rs 19 crores
