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An announcement from Jana Small Finance Bank Ltd ( (IN:JSFB) ) is now available.
Jana Small Finance Bank Limited announced that its application to transition from a Small Finance Bank to a Universal Bank was returned by the Reserve Bank of India due to non-fulfillment of specific criteria. This decision may impact the bank’s strategic plans and its positioning within the financial industry, as it continues to focus on its current operations and market segment.
More about Jana Small Finance Bank Ltd
Jana Small Finance Bank Limited operates in the financial services industry, primarily focusing on providing small finance banking solutions. The bank offers a range of financial products and services aimed at catering to underserved and unbanked segments, with a market focus on inclusive banking.
Average Trading Volume: 9,058
Technical Sentiment Signal: Strong Sell
Current Market Cap: 46.86B INR
For detailed information about JSFB stock, go to TipRanks’ Stock Analysis page.