Jana Small Finance Bank reported a robust performance for the quarter and year ended March 31, 2026. The bank achieved a Profit After Tax (PAT) of Rs. 140 crore for Q4, with total advances and deposits each reaching approximately Rs. 35,000 crore. The bank successfully moderated its Gross NPA to 2.33% and achieved a 23% year-on-year growth in both advances and deposits, while significantly improving its cost of funds.
Key Financial Highlights
Jana Small Finance Bank demonstrated strong operational growth throughout FY26. The bank recorded total advances of Rs. 36,289 crore, marking a 23% year-on-year growth, while total deposits grew by 23% to Rs. 35,784 crore. Notably, the bank’s cost of funds improved, reducing from 8.03% in Q4 FY25 to 7.46% in Q4 FY26.
Asset Quality and Portfolio Strength
The bank has made significant strides in improving asset quality. Gross NPA moderated to 2.33% at the end of the year, down from 2.54% in the previous fiscal year. The bank’s focus on a secured lending strategy has been successful, with the secured book now accounting for 72.6% of total advances. Growth in secured assets was particularly strong at 28% year-on-year.
Operational Efficiency and Digital Adoption
Operational momentum continues to build, driven by digital transformation. The bank reported that 90% of its business now benefits from digital uptake, with 98% of banking transactions conducted digitally and 99% of loans processed digitally. The bank remains focused on its ‘Anchor Bank’ strategy, leveraging a strong national franchise of 822 outlets to serve over 12 million customers.
Outlook for FY2027
Looking ahead, Jana Small Finance Bank has provided clear guidance for FY2027. The bank projects GLP growth of 19-21% and deposit growth of 23-25%. With a continued emphasis on high standards of governance, customer service, and an increasing proportion of secured business, the bank aims for PAT growth exceeding 80% as it continues to build a sustainable and predictable long-term franchise.
Source: BSE
