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AJAY KANWAL
RBI returns Jana Small Finance Bank's universal bank applicationJana Small Finance Bank’s plan to transition into a universal bank has hit a setback after the Reserve Bank of India (RBI) returned its app...- RBI returns Jana Small Finance Bank's universal bank applicationJana Small Finance Bank said on Tuesday that the Reserve Bank of India (RBI) has returned its application to transition into a universal ba...
- Jana Small Finance Bank set to merge investment and financial holding firmsThe decision to merge the two holding companies into one is not related to Jana's universal banking aspirations while this would only help ...
- Jana Small Finance Bank eyes universal banking licenseJana Small Finance Bank plans to apply for a universal banking license next fiscal year. The bank has maintained a net non-performing asset...
- Jana Small Finance Bank to offer 6.75% short-term deposit rates with no early withdrawal penaltiesJana Small Finance Bank has introduced a flat 6.75% rate for short-term deposits over Rs 10 lakh and removed penalties for early withdrawal...
- Jana Small Finance Bank Q4 Results: Net profit doubles to Rs 167 croreThe net profit however comes to Rs 344 crore, reflecting a four-fold jump, if the deferred tax assets of Rs 170 crore is included.
- We are strong in last mile, small ticket, digital. In affordable housing, we grew 61% in 9 months: Ajay Kanwal, Jana SFBAjay Kanwal says: "Our net NPA is 0.7 or 0.8 now. Gross NPA at 2%. So, asset quality is good. Growth rate is good. I think we will remain s...
- We raised Rs 575 crore in total, money to go towards growth of bank: Ajay Kanwal, Jana SFBJana SFB's ROA has been improving due to factors such as growth in good quality assets, reduction in COVID provisioning, and cost control t...
- Controls in place to avoid loans to NPA customers: Jana SFB CEO Ajay KanwalJana Small Finance Bank has 771 branches in 22 states and 2 UTs, with ~49 lakhs customers and ~20,000 employees. The bank's customer base h...
- Ramesh Damani, Ashish Kacholia & others invest Rs 560 cr in Jana BankThe bank raised the money this week in which investors like Enam Holdings' Akash Bhanshali, Ashish Kacholia, DMart owner Radhakishan Damani...
- Jana Small Finance Bank launches I choose my number featureThe allocation of the account number chosen by the customer will be subject to availability of the requested number, the bank said.
- Jana Small Finance Bank ties up with Axis Securities to offer investment servicesJana Small Finance Bank on Wednesday announced its tie-up with Axis Securities to offer investment services through a 3-in-1 account.
- Jana Small Finance Bank receives Scheduled Bank status from RBIThe Bengaluru-headquartered bank, established as a financial services company in 2009, said it presently operates 260 branches.
- Managing costs and risk is the key: Ajay Kanwal, CEO, Jana Small Finance BankThe bank is still collecting money postdemonetisation because customers are still catching up with payments, revealed Kanwal.
- Jana Launches Small Finance Bank operationsHaving received its SFB licence in April 2017, Jana had officially launched operations on March 28 of this year.
- Jana Small Finance Bank begins operation, to foray into affordable housing, consumer durable loansThe bank said it plans to foray into affordable housing loans and consumer durable loans while it will continue with focus on microfinance.
- TPG's Ajay Kanwal to join Janalakshmi Financial Services as CEOJanalakshmi, India's largest MFI in terms of loan outstanding, said this appointment is a part of its transition into a small finance bank.
- Standard Chartered to sack 35 employees in rejigThe job losses are likely to be at senior levels — director or managing director — as these roles shrink, helping the lender cut costs.
- Budget 2016: India is ready for interest rate cut, says Ajay Kanwal, StanChart"I am a little bit nervous about the 3.5 per cent fiscal deficit target being maintained"
- Standard Chartered announces plan to restructure organisationIn a major management structure rejig, Standard Chartered will divide its regional businesses across the world into 4 major regions instead...
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