On February 14, Bengaluru-based Jana Small Finance Bank was listed at a 4 per cent discount of its initial public offering price
Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance came on board as new investors
Bengaluru-based JFSL has a strong capital base, after an equity infusion of Rs 1,000 crore in 2016
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
At present, JFSL is a micro finance institution; it will soon become a small finance bank. TPG Investment's headquarters are in San Francisco