Question
Download Solution PDFWhere is the headquarter of Jana Small Finance Bank?
This question was previously asked in
IBPS SO 28th Dec 2019 (Rajbhasha and Law Officer) Prelims Memory Based Paper
Answer (Detailed Solution Below)
Option 2 : Bengaluru
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Detailed Solution
Download Solution PDFThe correct answer is option 2 i.e Bengaluru
- The Small Finance Bank (SFB) is a private financial institution intended to further the objective of financial inclusion by primarily undertaking basic banking activities of acceptance of deposits and lending to un-served and underserved sections including small business units, small and marginal farmers, micro and small industries and unorganised sector entities, but without any restriction in the area of operations, unlike Regional Rural Banks or Local Area Banks.
- The minimum capital for Small Finance and Payment Banks has prescribed at Rs. 200 crores.
- The promoter's minimum initial contribution to the paid-up equity capital of such small finance bank shall at least be 40 per cent and gradually brought down to 26 per cent within 12 years from the date of commencement of business of the bank.
Small Finance Bank | Headquarters |
Au Small Finance Bank Limited | Jaipur |
Capital Lab Small Finance Bank | Jalandhar |
Equitas Small Finance Bank | Chennai |
ESAF Small Finance Bank | Thrissur |
FINCARE Small Finance Bank Limited | Bengaluru |
Jana Small Finance Bank | Bengaluru |
Last updated on Jun 16, 2025
-> IBPS SO 2025 Revised Exam Calendar has been released on 16th June 2025.
-> According to the new exam calendar, the prelims examination is scheduled for 30th August 2025. The IBPS SO Mains Examination is scheduled for 9th November 2025.
-> Candidates with Graduation and Post Graduation were only eligible to apply for the IBPS SO exam.
-> Candidates who will get successful selection for IBPS SO post will get a salary range between Rs. 23,700 to Rs. 42,020.
-> Candidates must go through the IBPS SO previous year papers.