Jana SFB: Secured loans, low concentration top draw for Jana SFB

ET Intelligence Group: Jana Small Finance Bank (JSFB) plans to raise ₹462 crore through fresh equity to augment capital base and up to ₹108 crore through an offer for sale by some of the existing investors. The promoter Jana Holdings’ stake will fall to 22.5% after the IPO from 25.2%. Ramesh Damani, Ashish Kacholia, Vallabh … Read more