Jana Small Finance Bank is engaged in providing MSME loans, affordable housing loans, term loans to NBFC, loans against fixed deposits, two-wheeler loans and gold loans.
Get latest articles and stories on Latest News at LatestLY. Private equity majors TPG and Morgan Stanley-backed Jana Small Finance Bank on Friday fixed the price band at Rs 393-414 apiece for its Rs 570-crore initial public offering which will open for subscription on February 7. Latest News | Jana Small Finance Bank's Rs 570-cr IPO to Open on Feb 7; Price Band at Rs 393-414/share.
Jana Small Finance Bank s Rs 570-cr IPO to open on Feb 7; price band at Rs 393-414/share freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Utkarsh Small Finance Bank, the fifth small finance bank to be listed, has launched an initial public offer of INR5bn ($66m). The funding will enable the bank to expand its business over the next two years, according to managing director Govind Singh. The shares are priced at between INR23 and INR25, with a face value of INR10. Jana and Fincare are among other small finance banks looking to raise equity via a public offering.