02 April 2018

Jana Small Finance Bank Commences Operations

Jana Small Finance Bank Commences Operations


Jana Small Finance Bank (formerly Janalakshmi Financial Services) announced commencement of its banking operations. To cover its extensive customer base, Jana Bank will initially open 19 branches across 18 States and expand to 200 banking outlets,  including the 25% unbanked rural branches by June 2018.

As Jana bank which is digitally enabled across majority of its offerings with expanded customer base will continue to keep its fundamental focus on financial inclusion as its core strategy.

Source- The Quint

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • Ramesh Ramanathan is the chairman of Jana Group.
  • Ajay Kanwal is the Managing Director and Chief Executive Officer of Jana Small Finance Bank.
  • Jana Small Finance Bank headquarters in Bengaluru, Karnataka.

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