Jana Small Finance Bank Limited
Pinewood Strategy entered Jana Small Finance Bank with 11 lakh shares, a 1.04% stake worth ₹51.62 Cr.
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.
Pinewood Strategy is a sub-strategy of the India Opportunities Growth Fund, a foreign portfolio investor managed by Elara Capital. It focuses on Indian equities, particularly mid and small-cap stocks.