{"id":15269,"date":"2020-10-24T13:10:41","date_gmt":"2020-10-24T13:10:41","guid":{"rendered":"https:\/\/yourchennai.com\/?p=15269"},"modified":"2020-10-24T13:10:41","modified_gmt":"2020-10-24T13:10:41","slug":"jana-small-finance-bank-touches-500-bank-branches-milestone","status":"publish","type":"post","link":"https:\/\/yourchennai.com\/index.php\/2020\/10\/24\/jana-small-finance-bank-touches-500-bank-branches-milestone\/","title":{"rendered":"Jana Small Finance Bank touches 500 Bank Branches milestone"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p style=\"text-align: justify;\"><span lang=\"EN-IN\"><a href=\"https:\/\/www.janabank.com\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/urldefense.proofpoint.com\/v2\/url?u%3Dhttps-3A__www.janabank.com_%26d%3DDwMGaQ%26c%3DqwStF0e4-YFyvjCeML3ehA%26r%3D5TlII3P1qol97mbXg3YIhoxOnqlFmoHmCG5GtU8B1o0%26m%3DTsjuCxMf6P96F1E616e1LDoEKdezGd0ro18YQk4pGzg%26s%3DTYtLnrbMz_CG5_YKSkRCOEdxKsobwPvW0gBuE-GUTh4%26e%3D&amp;source=gmail&amp;ust=1603628117310000&amp;usg=AFQjCNGSKqT6I26qwAGYvSz1Vdd289kBWA\">Jana Small Finance Bank<\/a><\/span><span lang=\"EN-IN\">\u00a0has achieved a milestone in branch banking with the opening of its 500<sup>th<\/sup> Branch on October 20, 2020 in Amruthahalli, Bangalore. The Bank will convert its remaining asset centres into bank branches and will have over 600 bank branches by March 2021.<\/span><u><\/u><u><\/u><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-IN\">Jana Small Finance Bank has been serving the underbanked customers through various products including zero balance savings accounts, fixed deposits with attractive interest rates, collateral free loans and affordable housing loan schemes. True to their promise of \u201cpaise ki kadar\u201d, Jana Bank values the hard-earned money of its customers and is all set to increase its footprint across the country.\u00a0<\/span><u><\/u><u><\/u><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-IN\">Across India, Jana Small Finance Bank is catering to over 40 lakh customers served by 15000+ employees across 500 bank branches and over 100 Asset centres\/outlets.<\/span><u><\/u><u><\/u><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-IN\">Speaking on the announcement,\u00a0<b>Ajay Kanwal, MD &amp; CEO, Jana Small Finance Bank\u00a0<\/b>said<i>, \u201cEven during COVID times the passion of our bankers has allowed us to open new bank branches. All the new branches have a digitised environment and products which help serve the underserved<\/i>\u201d.<\/span><u><\/u><u><\/u><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-IN\">Inaugurating the 500<sup>th<\/sup>\u00a0branch, chief guest,\u00a0<b>Shri. Manish Sabharwal, Chairman of Team Lease Services Limited and Member of the Central Board of the RBI<\/b><\/span><span lang=\"EN-IN\">\u00a0<\/span><i><span lang=\"EN-IN\">said \u201cCredit expansion is an important ingredient of growth and prosperity. There are enormous opportunities\u00a0to bridge the financial inclusion gap in the country and happy to note that Jana Small Finance Bank is committed to do so. I wish the bank all the very best for its expansion, digitization, and future endeavours.\u201d<\/span><\/i><u><\/u><u><\/u><\/p>\n<p style=\"text-align: justify;\"><b><span lang=\"EN-IN\">Chief Guest Shri. Jose J. Kattoor &#8211; Regional Director, Reserve Bank of India, Karnataka <\/span><\/b><span lang=\"EN-IN\">said,<b>\u00a0<\/b><i>\u201cMy congratulations to Jana Small Finance Bank for their 500<sup>th<\/sup>\u00a0bank branch. I would encourage the bank to continue on its journey of financial inclusion which becomes even more relevant in the post COVID environment. I am also happy to see that the bank is training youngsters into banking professionals and offering employment in interior parts of India\u201d.<\/i><\/span><i><u><\/u><u><\/u><\/i><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-IN\">The bank will continue to extend other product offerings like MSME loan, agriculture loan, individual loan, affordable housing loan, two wheeler loans and gold loan to cater to the diverse needs of customers.<\/span><u><\/u><u><\/u><\/p>\n<p style=\"text-align: justify;\"><span lang=\"EN-IN\">Jana Small Finance Bank Ltd. commenced operations in March 2018. By end of financial year\u00a0<\/span><span class=\"m_4222275806726370622MsoHyperlink\"><span lang=\"EN-IN\">2020-2021<\/span><\/span><span lang=\"EN-IN\">, over\u00a0<b>600<\/b> branches will be operational in at least 22 states and Union Territories, following conversion of many of its micro finance storefronts into bank branches.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jana Small Finance Bank\u00a0has achieved a milestone in branch banking with the opening of its 500th Branch on October 20, 2020 in Amruthahalli, Bangalore.<\/p>\n","protected":false},"author":1,"featured_media":15270,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,30],"tags":[19871,19872,1486,17001],"class_list":["post-15269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-companies-economy","category-news-business-political-national-realestate","tag-500-branches","tag-amruthahalli","tag-bangalore","tag-jana-small-finance-bank"],"views":1001,"jetpack_featured_media_url":"https:\/\/yourchennai.com\/wp-content\/uploads\/2020\/10\/Jana-Small-Finance-Bank-Logo-Master.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/15269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/comments?post=15269"}],"version-history":[{"count":1,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/15269\/revisions"}],"predecessor-version":[{"id":15271,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/15269\/revisions\/15271"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/media\/15270"}],"wp:attachment":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/media?parent=15269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/categories?post=15269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/tags?post=15269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}