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JANA SMALL FINANCE BANK LIMITED

Sector Focus Finance  |  Highest Credit Rating A- (Stable) by ICRA
July 25, 2023  |   9 min read

JANA SMALL FINANCE BANK LIMITED

Sector Focus Finance Highest Credit Rating A- (Stable) by ICRA
  • Coupon
  • 13.8000 % p.a
  • Rating
  • A- (Stable)
  • ISIN
  • INE953L08329
  • Maturity / Call Date
  • July 07, 2027

About the Issuer

Key Strengths

Credit Rating Agency
ICRA LIMITED
Rating Outlook
A- (Stable)
Date
as on July 25, 2023



Product Offerings include

1
Group Loan
2
Home Improvement Loan
3
Two Wheeler Loan
4
Agri Loan

Source: Annual Report & Information Memorandum of JANA SMALL FINANCE BANK LIMITED

Key Highlights of Term Sheet

Seniority
Subordinated
Rating of the Instrument
“A- (Stable)” by ICRA
Face Value & Issue Price
INR 10,00,000/- per Debenture
Coupon Rate
13.8000 % per annum
Coupon Payment Frequency
Semi Annually and on final Redemption Date
Date of Allotment
December 22, 2015
Final Redemption Date
July 07, 2027
Redemption Amount
Bullet, At par
Mode of Issue
Private Placement
Listing
Listed on the WDM of the BSE Limited
Debenture Trustee
Catalyst Trusteeship Limited
Registrar & Transfer Agent
KFIN Technologies Private Limited

Disclaimer:

This document does not constitute an offer or recommendation to buy or sell any products or services. The recipients should not act and rely on the information/ data contained in this document for making any investment / any other decision. IndiaBonds does not explicitly or implicitly guarantee that information/ data contained herein is complete or accurate in all respects as of date hereof or that it will continue to be complete and accurate in future. IndiaBonds have taken selective data/extracts from the source document at its own discretion. IndiaBonds, Its directors, employees and representatives shall not be responsible to any person relying on this document in any manner.

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Note: The listed products and their price or yield are subject to availability and market cut-off times. Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government).