![JANA SMALL FINANCE BANK IPO](https://chanakyanipothi.com/wp-content/uploads/2023/12/jana-small-finance-ipo.jpg)
(20 second reading) Bengaluru-based Jana Small Finance Bank reported a 297.5% YoY rise in net profit at Rs. 321.7 crore for theQ4 2024, compared to Rs. 81 Crore in Q4 of 2023.The net interest income of the lender grew 26.6% YoY to Rs.591 crore against Rs. 467 crore in the same period of the previous fiscal.The gross NPAs stood at 2.11% in the March quarter against 2.19% in the December quarter. Net NPAs came at 0.56% against 0.71% QoQ. In the Q4, Jana Small Finance Bank’s loan assets under management stood at Rs.24,746 crore, a 24.9% increase.