Business and economics

Jana Small Finance Bank Seeks RBI Nod for Universal Bank Status:

Published on 12 Jun 2025

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Jana Small Finance Bank Seeks RBI Nod for Universal Bank Status:
  • Jana Small Finance Bank has officially submitted an application to the Reserve Bank of India for a universal banking license.
  • If approved, it could expand from a niche small-finance focus to offer full-spectrum banking, including credit cards, wholesale banking, and corporate lending.
  • Reflects a strategic ambition to scale and contend with conventional banks in urban and semi-urban segments.
  • Puts Jana in a select group of SFBs aspiring to broaden operations within India’s financial landscape.
Source: SarkariPariksha