/ -- Jana Small Finance Bank has announced a raise in equity capital of Rs 225 crores from existing investors. With an infusion of Rs. 225 crores of equity during October 2019, the Capital Adequacy Ratio for Jana Bank has reached 19.97% (as on October 31, 2019) more than regulatory minimum requirement of 15% for Small Finance banks. The total capital infusion for Jana Bank (circa April 2017-present) stands at Rs. 2,947 crores. This infusion from existing investors namely Jana Holdings limited, TPG Asia and HarbourVest Partners showcases a strong confidence of investors towards JSFB.
Significant Turnaround in financial health:
Substantial traction in deposit mobilisation
About Jana Small Finance Bank:
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