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Jana Small Finance Bank's profitability fuels nationwide expansion; crosses 755 branches across India

Jana Small Finance Bank's profitability fuels nationwide expansion; crosses 755 branches across India

Bengaluru, 3rd May 2023: Jana Small Finance Bank, one of India's leading small finance banks (SFB), today announced the opening of its 756th branch in Yelahanka, Bengaluru. The Bank now has the distinction of being the second SFB to cross the milestone of a pan-India presence of over 755 branches.

 

This launch comes at a time when the bank is focused on accelerating its growth, fuelled by its record-breaking profits in the last financial year.

 

Jana Small Finance Bank has been committed to providing inclusive banking services to customers across the nation, and the opening of this new branch is a testament to that commitment. The branch will offer a wide range of services, including deposits, housing and MSME in a digital enabled delivery.

 

Honourable Shri. N Santosh Hegde, Former judge of the Supreme Court of India, graced the launch along with other senior officials from the bank.

 

Speaking on the occasion, Mr. Ajay Kanwal, MD & CEO, Jana Small Finance Bank, said, "With the launch of our 756th branch, we are proud to expand our footprint with this being the 28th branch in Bengaluru, one of India's most dynamic and thriving cities. Our mission is to provide the best-in-class Phygital services to customers across the nation, and this new branch takes us one step closer to achieving that goal."

 

Jana Small Finance Bank's strong financial performance has enabled the bank to expand its services and reach more customers across the country. The opening of this new branch is a testament to the bank's commitment to serving the people and businesses in the region with innovative financial solutions and excellent customer service.

With the addition of this new branch, Jana Small Finance Bank now has 756 branches across the country, including branches, banking units, and unbanked rural centres, further strengthening its position as one of India's leading small finance banks.

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