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Entity-Specific Rating Rationales

13 Mar 2025

Jana Small Finance Bank Limited: Rating upgraded and withdrawn

Jana Small Finance Bank Limited: Rating upgraded and withdrawn

24 Jan 2025

Jana Small Finance Bank Limited: Rating reaffirmed for PTCs issued under seven securitisation transactions

Jana Small Finance Bank Limited: Rating reaffirmed for PTCs issued under seven securitisation transactions

15 Mar 2024

Jana Small Finance Bank Limited: Rating upgraded; Outlook revised to Stable

Jana Small Finance Bank Limited: Rating upgraded; Outlook revised to Stable

25 Jan 2024

Jana Small Finance Bank Limited: Rating reaffirmed for PTCs issued under seven securitisation transactions

Jana Small Finance Bank Limited: Rating reaffirmed for PTCs issued under seven securitisation transactions

07 Sep 2023

Jana Small Finance Bank Limited: Rating upgraded to [ICRA]BBB+; Outlook revised to Positive

Jana Small Finance Bank Limited: Rating upgraded to [ICRA]BBB+; Outlook revised to Positive

01 Mar 2023

Jana Small Finance Bank Limited: Rating reaffirmed and assigned

Jana Small Finance Bank Limited: Rating reaffirmed and assigned

18 Jan 2023

Jana Small Finance Bank Limited: Rating reaffirmed at [ICRA]D(SO) for PTCs issued under 7 securitisation transactions

Jana Small Finance Bank Limited: Rating reaffirmed at [ICRA]D(SO) for PTCs issued under 7 securitisation transactions

30 Dec 2022

Jana Small Finance Bank Limited: Rating reaffirmed

Jana Small Finance Bank Limited: Rating reaffirmed

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Entity-Specific Credit Perspective Reports

17 Oct 2023

Jana Small Finance Bank Limited

Jana Small Finance Bank Limited (Non-SF)

02 Mar 2023

Jana Small Finance Bank Limited

Jana Small Finance Bank Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Subordinated Debt -- -- Withdrawn --
PTC Series A3 -- -- [ICRA]D(SO) --
Non-Convertible Debenture -- -- * --
Bank limit -- -- * --
Commercial Paper * -- -- --
PTC Series A1 -- -- [ICRA]D(SO) --
PTC Series A2 -- -- [ICRA]D(SO) --
PTC Series A2 -- -- [ICRA]D(SO) --
PTC Series A2 -- -- [ICRA]D(SO) --
PTC Series A2 -- -- [ICRA]D(SO) --

Our Analysts

Analyst 1

Deepali Panda

Analyst 2

Srinivasan Rangaswamy

Sector Head

Karthik Srinivasan
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