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.