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Jana Small Finance Bank gets RBI nod to re-appoint Ajay Kanwal as MD & CEO
On February 14, Bengaluru-based Jana Small Finance Bank was listed at a 4 per cent discount of its initial public offering price
Janalakshmi Financial Services raises Rs 1,030 cr equity from TPG, others
Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance came on board as new investors
Janalakshmi Fin's equity infusion pegged at Rs 4,400 cr in 5 yrs
Bengaluru-based JFSL has a strong capital base, after an equity infusion of Rs 1,000 crore in 2016
Janalakshmi Financial to raise $50 million from IFC
IFC's proposed investment will help the company expand the outreach of access to low-income borrowers who have little or no access to formal sources of financing
Global investors pump $150 mn into Janalakshmi Financial Services
At present, JFSL is a micro finance institution; it will soon become a small finance bank. TPG Investment's headquarters are in San Francisco