Who owns Jana Small Finance Bank?
The promoter of Jana Small Finance Bank is Jana Capital Limited, which is held by Jana Urban Foundation and other investors. Jana Urban Foundation, previously known as Janalakshmi Social Services, is a Section-8 not-for-profit company registered in June 2006.
Jana Small Finance Bank fixed deposit is a reliable, secure and beneficial investment option that offers various benefits such as guaranteed returns, Government insurance, loan borrowing facility and flexible fixed deposit tenure.31-Oct-2022
Is Jana Small Finance Bank approved by RBI?
Jana Small Finance Bank Limited commences operations The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India.28-Mar-2018
Jana Small Finance Bank is a private leading small finance bank across India in terms of assets under management. Jana Small Finance Bank works as a microfinance lender.
Is Jana Bank government or private?
Prior to becoming a bank, the company was India's largest microfinance institution, Janalakshmi Financial Services, founded July 24, 2006.Jana Small Finance Bank.
The bank's current account and savings account (CASA) ratio also improved to ~22.4% in December 2021 from ~14.4% in January 2021. The overall deposit base grew by 13.7% on a year-on-year (YoY) basis to Rs. 12,957 crore as on December 31, 2021.22-Mar-2022
Which small bank is best?
Here are the top 10 small finance banks in India that offer competitive interest rates for fixed deposits:
Fixed Deposit @ 6.75% Interest Rate | Jana Small Finance Bank.
Which bank is best in small finance bank?
Equitas Small Finance Bank The company has a market capitalization of ₹6205 cr and has made a profit of ₹281 cr in 2022. It has a P/E Ratio (TTM ) of 15.83 and an EPS (TTM) of 3.05. This small finance bank stock price has increased by 58.68% in the last 2 years.21-Nov-2022
1. HDFC Bank
What is the minimum balance in Jana Small Finance Bank?
Is there any minimum Average Monthly Balance required to avail this feature? Average Monthly Balance of INR 50,000 required for metro variant and INR 25,000 for Non Metro variant to access this feature through the mobile app.
What is the difference between a small finance bank and a commercial bank? Commercial banks do not have restrictions on the customers that they need to serve, whereas the target customers of small finance banks are unorganized workers, small businessmen, small farmers, micro small and medium enterprises.
When did Jana bank start?
Jana Small Finance Bank standalone net profit rises 43.13% in the September 2022 quarter.24-Nov-2022
Which is the 1st Small Finance Bank in India?
Capital Small Finance Bank
Jana Small Finance Bank has 595 branches in 24 states / union territories of India.
What are the types of Jana savings accounts?
Jana Finance Bank Savings Account Rates
Chairman/Founder, Jana Small Finance Bank Ltd.
How old is Jana Bank?
Our first group loan in October 2000, marked the earliest instance of urban microfinance in India.
Jana Small Finance Bank's competitors and similar companies include Moss, Happy Money, Immedis and COCC.
How many employees does Jana Small Finance Bank have?
Jana Small Finance Bank employs 10,001 to 50,000 employees in India. Where is the global headquarters of Jana Small Finance Bank? Global headquarters for Jana Small Finance Bank is located in Bangalore/Bengaluru, Karnataka,India.
Who owns Jana Small Finance Bank?