Jana Small Finance Bank IPO IPO

Incorporated in July 2006, Jana Small Finance Bank Limited is a non-banking finance company primarily engaged in providing MSME loans, affordable housing loans, term loans to NBFC, loans against fixed deposits, two-wheeler loans and gold loans. Jana SFB offers various unsecured loan products, including individual and micro business loans, agricultural and allied loans, and group loans. The bank classifies loans into three categories: (i) individual loans for home improvement/repair, (ii) individual loans for school fees, and (iii) individual personal loans for debt consolidation, family functions, incidental expenses, and business purposes. The company provides digital products, services, and platforms, such as mobile and internet banking for both retail and corporate clients. Between March 31, 2021 and March 31, 2023, the bank's gross secured advances increased from ₹50,760.00 million to ₹99,047.54 million, representing a compound annual growth rate (CAGR) of 39.69%. As of March 31, 2023, Jana SFB had 754 banking outlets across 22 states and two union territories, including 272 in unbanked rural centers. This pan-India presence has helped the bank to reduce its concentration risk.

Jana Small Finance Bank Ltd. AddressThe Fairway Business Park, #10/1, 11/2, 12/2Boff Domlur, Koramangala Inner Ring RoadNext to EGL, ChallaghattaBengaluru, Karnataka, 560071+91 80 4602 0100investor.grievance@janabank.comVisit Website