Jana Small Finance Bank Limited — Credit Ratings, 18-02-2026: Credit Rating

CARE EDGE Ratings reaffirmed Jana Small Finance Bank's ₹75 Cr Lower Tier II Bonds at 'CARE A; Stable.' This reflects adequate capital, business growth, and a strategic shift towards secured loans. However, asset quality deterioration and moderated profitability from microfinance stress, alongside a low CASA ratio, remain key challenges.