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Is Jana small finance bank listed in stock exchange?

Is Jana small finance bank listed in stock exchange?

We are one of the leading Small Finance Banks of India in terms of assets under management and deposit size as of March 31, 2020….Jana Small Finance Bank IPO Date & Price Band & Details :

IPO Open :
Listing On : BSE, NSE
Issue Size : ₹2000. Cr
Fresh Issue : ₹700. Cr
Offer For Sale : ₹1300. Cr

Is Jana small finance bank safe?

Similar to commercial banks, Jana Small Finance Bank is safe and secure as it is regularized by RBI.

Is Jana small finance bank approved by RBI?

Bangalore, Aug 06, 2019: Jana Small Finance Bank Ltd, which commenced banking operations in March 2018, has got the status of a Scheduled Bank. The Government notified this on July 27, 2019, putting Jana Small Finance Bank on the list of the banks included in the 2nd schedule of RBI Act 1934.

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Is Jana small finance bank safe for FD?

Jana Small Finance Small Bank FD ease of investment, moderate returns, high liquidity and the safety of funds make it a competent FD. Jana Small Finance Bank is a viable option to park surplus for growing money. The minimum initial deposit should be Rs. 1000.

What is the credit rating of Jana small finance bank?

Current Ratings

Company Name Sector Name Long Term
Jana Small Finance Bank Limited Rationale / Rating Methodologies Banks [ICRA]BBB
Jana Small Finance Bank Limited Rationale / Rating Methodologies Banks
Jana Small Finance Bank Limited Rationale / Rating Methodologies Banks *

Is Jana small finance bank a NBFC?

Jana Small Finance Bank (erstwhile Janalakshmi Financial Services Limited) commenced operations as a non-banking finance company (NBFC) on March 4, 2008 and was later classified as a non-banking finance company-microfinance institution (NBFC- MFI).

How can I check my Jana small finance bank balance?

1800 2080 (Toll-free) For Jana Bank Balance Enquiry, account holders can call on Jana Bank Balance Check toll-free number 18002080. After calling on the number mentioned above, account holders will be required to select language and talk to the customer care executive for Jana Small Finance Bank Balance Enquiry.

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What is the size of Jana small finance bank’s proposed IPO?

Jana Small Finance Bank’s proposed IPO would comprise a fresh issue of Rs 700 crore and an offer for sale of 92,53,659 shares. Jana Small Finance Bank said it may consider a pre-IPO placement of an aggregate amount not exceeding Rs 500 crore, including by way of a proposed further issue to its promoters for an amount aggregating up to Rs 400 crore.

Will Jana raise Rs 700 Crore through share sale?

Jana received the banking license in 2015 along with nine other financial services firms. The bank would be looking to raise up to Rs 700 crore through the proposed share sale. The bank may also consider a pre-IPO placement for raising up to Rs 500 crore, the bank said in the prospectus.

What is Jana small finance bank red herring prospectus?

NEW DELHI: Jana Small Finance Bank has filed a draft red herring prospectus with market regulator Sebi for an IPO. The proposed IPO would comprise a fresh issue of Rs 700 crore and an offer for sale of 92,53,659 shares.

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What is the history of the Jana Jana SFB?

Jana SFB was incorporated on July 24, 2006. It was registered as an NBFC on March 4, 2008. Later, it was awarded as non-banking finance company-microfinance institution status on September 5, 2013. It started operating as an SFB with effect from March 28, 2018 and became a scheduled commercial bank on July 16, 2019.