Jana Small Finance Bank Limited
Kotak Mutual Fund entered Jana Small Finance Bank with a 1.22% stake, acquiring 12,94,637 shares worth approximately ₹64.75 crore during the quarter.
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.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.