India Ratings downgraded Jana Capital and Jana Holdings' NCDs to default after both entities extended debt repayments by six months due to refinancing challenges. Jana Small Finance Bank shares recovered after an initial decline despite concerns over promoter-level debt.
India Ratings downgraded Jana Capital and Jana Holdings' NCDs to default after both entities extended debt repayments by six months due to refinancing challenges. Jana Small Finance Bank shares recovered after an initial decline despite concerns over promoter-level debt.
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