Jana Small Finance Bank is a small finance bank headquartered in Bangalore. It commenced banking operations on 28 March 2018 and is the fourth-largest small finance bank in India by asset size.
As of March 2026, the bank operates a physical network of more than 820 banking outlets spread across 23 states and 2 union territories in India.https://www.jana.bank.in/about-us/who-we-are/overview/
History Prior to becoming a bank, the company was India's largest microfinance institution, Janalakshmi Financial Services, founded July 24, 2006. In 2018, the Reserve Bank of India issued a banking license to the company under Section 22 (1) of the Banking Regulation Act, 1949.
As a microfinance lender, the company survived large losses following the 2016 Indian banknote demonetisation, reporting total losses of ₹2,504 crore (US$ million) at the time of its conversion to a small finance bank. The September 2019 quarter was its first profitable quarter since demonetisation.
In October 2019, Jana Small Finance Bank raised ₹225 crore in equity capital from existing investors, Jana Holding Limited, TPG Capital and Harbour Partners, which increased its Capital Adequacy Ratio to 19.97%. Following the equity round, total capital raised by the bank since April 2017 reached ₹2947 crore.https://www.jana.bank.in/about-us/media/our-press-release/249-jana-small-finance-bank-raises-rs-225-crores-capital-3/
In May 2026, TVS Venu agreed to acquire a minority stake up to 9.9% in Jana Small Finance Bank through a combination of primary issuance of warrants and secondary share purchases.
See also Banking in India List of banks in India Indian Financial System Code
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