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.
Jana Small Finance Bank IPO consists of a fresh issuance of shares worth Rs 462 crore, and an offer-for-sale (OFS) of 26,08,629 equity shares worth Rs 108 crore by six investors.
Nifty Metal led the losses, falling around 1 percent. Nifty Pharma, Infra and IT indices were also trading with losses. On the flipside, gains in Nifty PSU Bank, Auto, Bank, Energy and FMCG indices capped losses for the headline indices.
Pandemic didn't adversely impact life segment; industry to continue to grow in mid teens: Kotak Mahindra thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.