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Sparsh Jindal

4 hours ago · SEBI-Registered Analyst

Jana Small Finance Bank Gains on Stake Sale, Merger Buzz

Shares of Jana Small Finance Bank rose nearly 1.5% after reports said promoter Jana Holdings plans to sell around a 7% stake, relinquish promoter status, and explore a merger with another small finance bank. The proposed stake sale is also aimed at reducing debt obligations. $JSFB

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