The Federal Bank500469Banking
Federal Bank is looking to acquire a controlling stake in Jana Small Finance Bank, with promoter Jana Holdings likely to sell its 16.9% stake
By ScoutQuest · · 1 min read
- Jana Holdings stake being sold
- 16.9 percent
Heard on business television between 13:06:08 - 13:09:08 IST.
- Federal Bank is looking to acquire a controlling stake in Jana Small Finance Bank.
- Sources indicated Jana Holdings, the promoter, is likely to sell its 16.9% stake.
- An announcement could happen very soon.
- The deal would also trigger an open offer depending on the final structure.
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Source: Live TV News Channel · 13 Oct 2026
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