In December, the Rs 750-crore IPO of Ujjivan SFB was well received and got subscribed 166 times the number of shares put on offer. The shares of the bank rose 44 per cent over the issue price.
The bank's net non-performing assets were at 1.72 per cent of net advances as on October 31, 2019 and gross non- performing assets stood at 3.98 per cent on AUM.
Targets branch network of 500 by March 2019
Bank eyes total loan book size of Rs 100 billion by end of FY19
Jana Small Finance Bank has started with a comfortable capital adequacy ratio (CAR) of about 35 per cent and loan book of Rs 80 billion
Jana SFB has started with a comfortable capital adequacy ratio of about 35% and loan book of Rs 80 billion