Jana Small Finance Bank Launches Commercial Operations
Posted on:19 Jul 2018 16:57:56
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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.
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