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Incorporated in July 2006, Jana Small Finance Bank Limited is a NBFC primarily engaged in providing MSME loans, affordable housing loans, term loans to NBFC, loans against fixed deposits, two-wheeler loans, and gold loans.
Jana Small Finance Bank has set a record date for interest payment on its Series 023 Non-Convertible Debentures (NCDs). Interest will be paid to eligible debenture holders.
Jana SFB submitted its Security Cover. The bank affirmed it holds no secured non-convertible debt, indicating certain disclosures were not applicable. This is a standard filing, confirming the bank's financial reporting compliance.
Jana Small Finance Bank confirmed that proceeds from its non-convertible securities were fully utilized for their stated purpose. No material deviations were found in fund deployment, assuring investors of proper capital management.
Jana Small Finance Bank's credit rating is affirmed by CARE Ratings. Despite promoter-level debt reschedulement, the bank's credit profile is not materially affected. The bank has no linked obligations and shows stable deposit flows. Promoters plan to reduce their stake further.
Jana Small Finance Bank confirmed no change in its Company Secretary & Compliance Officer, Mrs. Lakshmi R. N., and Registrar & Share Transfer Agent, KFin Technologies, for the past two quarters, ensuring continuity in key administrative functions.