Support and Resistance Levels
Past performance
About Jana Small Finance Bank Ltd Jana Small Finance Bank Limited, headquartered in Bengaluru, India, began as Janalakshmi Financial Services Private Limited in 2006. Initially a Non-Banking Financial Company (NBFC), it transitioned to a Small Finance Bank (SFB) in 2018 after receiving RBI approval in 2017. The bank offers a variety of financial products, including deposits, secured loans (like affordable housing, MSME, and gold loans), and unsecured loans (such as micro business and agricultural loans). As of September 2023, it operated 771 banking outlets across 22 states and 2 union territories.
To enhance customer experience, Jana Small Finance Bank has implemented digital solutions for loan disbursement and collections, alongside offering standard digital payment services. The bank has consistently expanded its product lineup, introducing gold loans in 2018, affordable housing loans, and two-wheeler loans by 2020. It also launched 'DIGIGEN' for seamless digital account opening. In February 2024, the bank raised Rs 570 Crore through an Initial Public Offering.