Jana Small Finance Bank applies to RBI for voluntary transition to Universal Bank

Source |13:44 09 Jun 25

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Jana Small Finance Bank Limited (JSFB) announced on 9th June 2025 that it has submitted an application to the Reserve Bank of India (RBI).

The application seeks approval for the bank's voluntary transition from a Small Finance Bank to a Universal Bank.
This application aligns with the RBI Guidelines for 'on tap' Licensing of Small Finance Banks in the Private Sector dated 05th December 2019, and the RBI circular on Voluntary Transition of Small Finance Banks to Universal Banks dated 26th April 2024.

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