Jana Small Finance Bank shares plunge 11% after Q2 net profit drops 21% YoY
- Posted on October 22, 2024
- By Business News Today
- 3 Views
Jana Small Finance Bank shares plunge 11% after Q2 net profit drops 21% YoY
The bank's non-performing assets ratio increased to 2.97% at the end of the September quarter, up from 2.44% a year earlier. It allocated a higher provision of Rs 210 crore for the quarter, compared to Rs 160 crore in the same period last year, which contributed to the decline in net profit.
