Company Directory - Jana Small Finance Bank
Company Details - Jana Small Finance Bank
Jana Small Finance Bank
WebsiteIndia
Jana Small Finance Bank is a small finance bank in India dedicated to providing financial services to the lower-income segment. The bank aims to foster financial inclusion by offering a range of banking products and microfinance solutions tailored to underserved populations.
CCI Score
CCI Score: Jana Small Finance Bank
12.96
-0.01%
Latest Event
Jana SFB Partners with Dvara Money for Digital Banking Inclusion in Bharat
Jana Small Finance Bank has partnered with Dvara Money to integrate advanced digital banking solutions including a full-stack UPI solution and Video KYC, aiming to simplify account opening and enhance financial inclusion for underserved populations in India.
Take Action
So what can you do? Support Jana SFB by shopping, spreading the word, or offering your support.
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
SABOTEUR
Jana Small Finance Bank is currently rated as a Saboteur.
Latest Events
- FEB272024
Jana Small Finance Bank has partnered with Dvara Money to integrate advanced digital banking solutions including a full-stack UPI solution and Video KYC, aiming to simplify account opening and enhance financial inclusion for underserved populations in India.
+10
Public and Political Behavior
March 22
The press release shows that while Jana Small Finance Bank is engaging in high-profile partnerships, there is minimal evidence of using its platform for overt political influence or activist political behavior. The effort is primarily service oriented rather than politically motivational.
+70
Business Practices and Ethical Responsibility
March 22
Jana Small Finance Bank’s collaboration demonstrates a strong commitment to ethical business practices by focusing on financial inclusion and tailored microfinance solutions for underserved communities. Partnering with a fintech innovator underscores its pursuit of socially responsible banking.
+60
Technology and Services Impact
March 22
The integration of advanced technological solutions such as a full-stack UPI solution and Video KYC highlights the bank’s commitment to leveraging technology for broader service delivery. This move enhances digital accessibility and empowers consumers, aligning with inclusive technological impact.
+50
Economic and Structural Influence
March 22
By enhancing digital banking and streamlining processes such as account openings through technology, the bank contributes to economic empowerment for marginalized groups. While the structural changes are promising, their broader economic influence remains moderate in scale.
- APR272020
Jana Small Finance Bank received government approval to act as a conduit for PM CARES Fund contributions during the COVID-19 crisis. The bank’s actions, including an uncritical endorsement from its MD and CEO, are seen as reinforcing government mechanisms that some critics argue may contribute to authoritarian practices through opaque funding channels.
-30
Public and Political Behavior
March 22
By accepting the government mandate to facilitate donations for the PM CARES Fund, Jana Small Finance Bank channels citizen funds into a government-controlled relief scheme that has faced criticism for its lack of transparency and potential to reinforce authoritarian power. This participation is seen as a compliance with a politically driven agenda that may undermine critical oversight of state power.
Jana Small Finance Bank Receives Government Approval to Collect Contributions for PM CARES Fund
-35
Executive Political Engagement
March 22
The MD and CEO’s public endorsement of the government’s initiative, presented as an honor to aid in relief efforts, uncritically supports a state mechanism that has been flagged for its opaque processes and potential authoritarian overreach. This executive political engagement contributes to normalizing a system that critics argue consolidates power in the hands of the government without sufficient accountability.
Jana Small Finance Bank Receives Government Approval to Collect Contributions for PM CARES Fund
- APR272020
Jana Small Finance Bank received government approval to collect contributions for the PM CARES Fund, enabling both its account holders and non-account holders to donate digitally during the COVID-19 crisis. From an anti-fascist perspective, this collaboration raises concerns over alignment with government initiatives that lack transparency and may support authoritarian mechanisms.
-20
Public and Political Behavior
March 22
By facilitating collections for the PM CARES Fund, Jana Small Finance Bank is aligning itself with a government initiative that, despite its relief objectives, has been criticized for opacity and potential authoritarian control. This action, viewed through a left-leaning anti-fascist lens, raises concerns about the bank indirectly empowering a state mechanism that may bypass democratic accountability.
Jana Small Finance Bank Receives Government Approval to Collect Contributions for PM CARES Fund
- SEP042019
At its fourth Jana Diwas event, Jana Small Finance Bank showcased its commitment to financial inclusion by highlighting success stories of customers benefitting from group loans and digital banking services, reinforcing its role in uplifting underserved communities.
+80
Public and Political Behavior
March 22
The event featured participation of prominent policymakers and industry experts, demonstrating a positive stance in public and political engagement that supports inclusive practices and counters authoritarian narratives.
On Jana Diwas 2019, Jana Small Finance Bank draws on financial inclusion
+85
Business Practices and Ethical Responsibility
March 22
The bank’s business practices emphasize ethical responsibility by driving financial inclusion through microfinance and group loan initiatives, directly benefiting low-income communities and promoting social welfare.
On Jana Diwas 2019, Jana Small Finance Bank draws on financial inclusion
+70
Technology and Services Impact
March 22
By leveraging digital platforms such as smartphone apps and accessible websites to deliver banking services, the bank shows a constructive use of technology, although opportunities remain to further innovate and expand these services.
On Jana Diwas 2019, Jana Small Finance Bank draws on financial inclusion
+65
Economic and Structural Influence
March 22
While Jana Small Finance Bank operates on a smaller scale compared to major institutions, its efforts in promoting financial inclusion have meaningful economic and structural impacts on underserved communities, though its overall influence remains limited.
On Jana Diwas 2019, Jana Small Finance Bank draws on financial inclusion
Alternatives
Corporation
-29.71
Aluva, India
-45.56
India
-51.04
New York, United States
4.55
Charlotte, United States
-20.11
Corporation
-0.57
Mumbai, India
47.36
Kolkata, India
31.19
India
27.20
Mumbai, India
21.38
Industries
- 522110
- Commercial Banking
- 522130
- Credit Unions
- 522120
- Savings Institutions