Jana Small Finance Bank IPO

New Age Digitalised Bank: Jana Small Finance Bank is a digital bank automated using robotic process automation technology and other automation for internal and external processes to save time and cost and deliver better services and solutions in remote areas.

Robust Risk Management: Jana SFB has a robust credit assessment and evaluation process. Credit decision for unsecured loans is highly automated, which significantly reduces human errors and standardizes the credit assessment procedure.

Pan-India Presence : Our pan-India presence in 22 States, and over 700 banking outlets has enabled them to reduce our concentration risk.

Fast Growth in Deposits: Since becoming a Small Finance Bank, they have placed a strong emphasis on increasing Retail Deposits, as they have lower rates of interest compared to Bulk Deposits. Access to a low-cost, diversified Retail Deposit base has helped to decrease the Cost of Funds from 8.61% to 7.02%.

Credit Risk : Jana's unsecured loans have a higher credit risk than secured loans because customers availing unsecured loans typically have limited sources of income and savings and, as such, generally do not have a high level of financial resilience, and unsecured loans are not supported by collateral.

Stringent Regulation: SFB's are subject to stringent regulatory requirements and prudential norms and there have been non-compliances with certain of these regulatory requirements in the past. If they are unable to comply with such regulations in future, it may have an adverse effect on business,