Jana Small Finance Bank Ltd Share Price – NSE /  BSE

Banks, Small Cap

The application has been filed in line with the RBI's guidelines for 'on tap' licensing of Small Finance Banks issued on 5 December 2019, and the subsequent circular on voluntary transition to universal banks dated 26 April 2024.

Universal banks provide a comprehensive range of financial services that go beyond traditional commercial and investment banking, often including offerings like insurance. Until now, small finance banks (SFBs) have largely been focused on basic banking activities such as accepting deposits and lending to underserved and unserved segments of the population.

In 2016, the Reserve Bank of India introduced the concept of on-tap licensing, allowing banks to apply for licenses throughout the year instead of waiting for a specific invitation from the central bank. This made the licensing process more flexible and accessible to eligible financial institutions.

For an SFB to transition into a universal bank, it must meet a series of eligibility requirements laid out by the RBI. The bank should have a minimum net worth of Rs 1,000 crore and be operating as a scheduled bank with a satisfactory performance record for at least five years. Financially, it must have posted net profits in the past two financial years, with gross non-performing assets not exceeding 3% and net NPAs capped at 1% over the same period. The bank?s shares also need to be listed on a recognized stock exchange.

Additionally, the RBI does not allow the introduction of new promoters or changes to existing promoter structures during the transition process. Any previously approved promoter shareholding dilution plan must remain unchanged. Preference is generally given to SFBs that have a well-diversified loan portfolio, signaling stability and reduced risk.

Jana Small Finance Bank was launched in March 2018. It has national presence across 23 states and 2 union territories, spread across 802 branches.

On a standalone basis, Jana Small Finance Bank's net profit fell 61.61% to Rs 123.48 crore while total income rose 11.02% to Rs 1,433.16 crore in Q4 March 2025 over Q4 March 2024.

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Jana Small Finance Bank has allotted 16,590 equity shares under ESOP on 07 June 2025. With the said allotment, the paid-up equity shares of the Bank shall stand increased from 10,51,60,114 shares of Rs. 10 each to 10,51,76,704 shares of Rs. 10 each.

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Net profit of Jana Small Finance Bank declined 61.61% to Rs 123.48 crore in the quarter ended March 2025 as against Rs 321.68 crore during the previous quarter ended March 2024. Total Operating Income rose 7.86% to Rs 1199.28 crore in the quarter ended March 2025 as against Rs 1111.85 crore during the previous quarter ended March 2024.

For the full year,net profit declined 25.11% to Rs 501.42 crore in the year ended March 2025 as against Rs 669.54 crore during the previous year ended March 2024. Total Operating Income rose 17.34% to Rs 4709.79 crore in the year ended March 2025 as against Rs 4013.81 crore during the previous year ended March 2024.

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Jana Small Finance Bank will hold a meeting of the Board of Directors of the Company on 29 April 2025.

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