Jana Small Finance Bank Launches Commercial Operations

Posted on:19 Jul 2018 16:57:56
Jana Small Finance Bank Launches Commercial Operations
19 July 2018 Current Affairs: Jana Small Finance Bank announced the commercial launch of its banking operations, the last microfinance company to convert itself into a small finance bank (SFB), three years after the Reserve Bank of India (RBI) gave its in-principle approval.

The small finance bank was earlier called Janalakshmi Financial Services and weathered huge losses on account of demonetization.



About Jana Small Finance Bank

♦ Ajay Kanwal is the MD and CEO of Jana Small Finance Bank. 

♦ Registered office of Jana Small Finance Bank is in Bengaluru, Karnataka. 
Jana Small Finance Bank announced the commercial launch of its banking operations, the last microfinance company to convert itself into a small finance bank (SFB), three years after the Reserve Bank of India (RBI) gave its in-principle approval.

The small finance bank was earlier called Janalakshmi Financial Services and weathered huge losses on account of demonetization.



About Jana Small Finance Bank

♦ Ajay Kanwal is the MD and CEO of Jana Small Finance Bank. 

♦ Registered office of Jana Small Finance Bank is in Bengaluru, Karnataka. 

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