Headline: Jana Small Finance Bank Faces Setback in Transition to Universal Bank

Jana Small Finance Bank Limited has recently announced a significant development regarding its application to the Reserve Bank of India (RBI) for a voluntary transition from a Small Finance Bank to a Universal Bank. In a formal communication dated October 28, 2025, the bank revealed that the RBI has returned their application due to the non-fulfillment of specific criteria outlined in the RBI's circular on this matter.

This news comes as a continuation of the bank's efforts to enhance its banking services, as previously mentioned in a letter dated June 9, 2025. The transition to a Universal Bank would allow Jana Small Finance Bank to broaden its product offerings and customer base, aligning with its long-term growth strategy.

Located in Bengaluru, Jana Small Finance Bank is committed to providing accessible financial solutions to underserved segments of the population. The bank's registered office is situated at The Fairway Business Park, and it can be reached at +91 80 4602 0100 or via email at info@jana.bank.in for further inquiries.

As the bank navigates this setback, it remains focused on adhering to the regulatory requirements set forth by the RBI and is likely to revise its application in the future. Stakeholders and investors are encouraged to stay updated on the bank’s progress through its official website, www.jana.bank.in.

Stay tuned to Smart Finance Saga for more updates on this developing story and other financial news.