Question: Is Jana Bank A Nationalised Bank?

Is Jana Bank scheduled bank?

Bangalore, Aug 06, 2019: Jana Small Finance Bank Ltd, which commenced banking operations in March 2018, has got the status of a Scheduled Bank.

The Government notified this on July 27, 2019, putting Jana Small Finance Bank on the list of the banks included in the 2nd schedule of RBI Act 1934..

Is Jana bank safe?

Jana Small Finance Bank offers an interest rate of 8.50 per cent for 1-year deposits. This is a small finance bank that was given a license a few years ago. Small finance Banks come under the purview of the RBI and hence can be considered as relatively safe.

Who is the owner of Jana small finance bank?

Ajay KanwalMD & CEO. Ajay Kanwal is Jana Small Finance Bank’s Chief Executive Officer. He is a veteran consumer and commercial banker with 28 years’ experience in the industry.

Is Jana bank approved by RBI?

Jana Small Finance Bank Ltd announced on Thursday it has got the status of a Scheduled Bank from RBI. The Bengaluru-headquartered bank, established as a financial services company in 2009, said it presently operates 260 branches and 338 asset centres serving over 5.5 million customers in different states.