Tuesday, January 21, 2025

BANKING

Jana Small Finance Bank plans to apply for a universal banking license next fiscal year. The bank has maintained a net non-performing assets ratio below 1%, has increased its secured loan book, and met other regulatory requirements. The bank's gross advances and deposits have grown, despite a drop in net profit for the December 2024 quarter.

from Banking/Finance-Industry-Economic Times https://ift.tt/Gfn7zdB
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