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We raised Rs 575 crore in total, money to go towards growth: Ajay Kanwal, Jana SFB
Jana SFB's ROA has been improving due to factors such as growth in good quality assets, reduction in COVID provisioning, and cost control through digitalization. The bank anticipates a continued improvement in ROA in the future. The September 23 NIM was also 7.8%, March was 7.7%. So, the bank maintained a flattish NIMs growth. There was a small rise in cost of funds but thanks to a product mix we are able to make sure the NIMs remain steady.