Jana Small Finance Bank Limited

JM Financial Mutual Fund decreased its stake in Jana Small Finance Bank from 1.25% to 1.18%, selling 67,155 shares. The shares are worth ₹3.15 crore, based on the last closing price of ₹469.30 apiece.

A small finance bank incorporated in 2006, Jana Small Finance Bank provides comprehensive banking and financial services across India. The bank focuses on serving underserved and unbanked populations through retail lending, term deposits, and digital banking solutions. Its distinctive approach combines traditional banking operations with financial inclusion objectives, targeting small businesses, micro-entrepreneurs, and low-income households seeking accessible financial products.

AMC arm of JM Financial Group, one of India's established investment banking and financial services conglomerates. Manages over Rs 10,000 crore across equity, debt and liquid schemes. Among India's older independent AMCs, known for conservative debt fund management and a focused equity product suite.