Jana SFB reports ₹169-crore gap in FY25 gross NPAs

Jana Small Finance Bank disclosed a ₹169 crore divergence in gross non-performing assets. The bank's reported GNPAs were lower than the Reserve Bank of India's assessment. This divergence led to an additional ₹42 crore provisioning for the bank. Consequently, the bank's net profit for the fiscal year was reduced. The RBI audit identified under-reported NPAs, necessitating corrections by banks.

Raccontata daeconomictimes.indiatimes.com