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Janalakshmi Financial in last leg of transition into small finance bankThe microfinance company is awaiting the ‘commencement of business’ certificate from the RBI, which is the last of the several approvals ne...
Janalakshmi Financial to raise Rs 500 crore before launching small finance bankThe company had raised new equity capital of Rs 1,030 crore, with investors such as global private investment firm TPG leading the round.
Janalakshmi Financial Services raises Rs 1,030 crore from TPG, Treeline and new investorsBajaj Allianz Life Insurance and Bajaj Allianz General Insurance Company have also come in as new investors.