Jana Small Finance Bank Q3 Earnings: Net Profit Dips 18%, NII Sees 8% Growth Amid Improved Asset Quality
2025-01-21
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Jana Small Finance Bank has reported its highest ever 9-month profit before tax at ₹354 crore, despite a decline in net profit. The bank's net interest income (NII) has shown an 8% growth, while its asset quality has improved. The bank's shares closed at ₹366.45 on the BSE, down 5.42% due to the mixed quarterly results. With a focus on digital banking and financial inclusion, Jana Small Finance Bank is poised for long-term growth, making it an interesting prospect for investors looking for banking stocks with potential. Key highlights include improved asset quality and rising NII, signalling a positive outlook for the bank's future performance.
