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India
2006 (20 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Jana Small Finance Bank
Company Information
Get to know Jana Small Finance Bank
Originally founded as a microfinance institution named Janalakshmi Financial Services (JFS), the company transformed into a Small Finance Bank after receiving a license from the Reserve Bank of India (RBI) and commenced operations in March 2018. The bank's mission is to be the leading digitally-inclusive bank, providing a wide range of financial products such as savings and current accounts, fixed deposits, and various loan products to individuals, micro-businesses, and agricultural customers across India. It aims to make banking services accessible and affordable to all, leveraging both a physical branch network and digital banking platforms.
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