Jana Small Finance Bank Limited — PPTs, 21-01-2025: Investor Presentation

**Financial Highlights:** Jana Small Finance Bank recorded its highest-ever PAT of ₹378 crore for 9M FY25, achieving a significant 8.6% y-o-y increase. Key financial ratios improved, with adjusted RoA at 2.4% and adjusted RoE at 20.7%. The bank continued to bolster its capital position, with a strong Capital Adequacy Ratio (CRAR) of 18.4%. Net interest income also saw a steady rise, underpinning solid revenue growth.

**Strategic Initiatives and Growth Drivers:** The bank is focusing on enhancing its secured loans portfolio, which now stands at 68%, up from 60% a year ago. Unsecured advances have seen a correction, set to recover in Q4 FY25 with initiatives like CGTMSE and CGFMU. The launch of the LiquidplusFD and targeted NRI programs is seen as pivotal for increasing low-cost retail deposits.

**Business Developments:** Operational efficiency remains a priority as exemplified by reduced costs of deposits. The bank's strong liquidity position, with an LCR of 279%, indicates prudent financial management. Recent product offerings like pre-approved business loans and gold loans illustrate an agile approach to customer needs.

**Market Position and Competitive Advantage:** With a national presence and brand recognition, the bank has carved out a strong competitive edge, particularly in underserved markets. A rising customer base, reaching over 4.6 million, and a diverse product portfolio are enhancing customer loyalty and driving growth.

**Investor Implications:** Positive trends in credit quality, with GNPA reduced to 2.71%, suggest a favorable risk profile. The continued focus on secured lending and digital transformation positions the bank for sustainable growth, making it an attractive proposition for investors seeking opportunities in the financial sector.