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Why Jana Small Finance Bank climbed 18% after Q3FY25 results; details here

Business Standard LogoBusiness Standard5h ago

Why Jana Small Finance Bank climbed 18% after Q3FY25 results; details here - Business Standard

Quick Summary:

Jana Small Finance Bank share price jumped 18.5 per cent at Rs 434.

The bank reported an annualised Return on Assets (ROA) of 1.5 per cent and a Return on Equity (ROE) of 13.5 per cent.

However, the CASA ratio declined to 18.4 per cent as of December 2024, down from 19.7 per cent in March 2024, attributed to reductions in interest rates.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 10:21:13 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25335503

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 279 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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