← Latest news 
TVS leads bid to buy into Jana Small Finance Bank as fundraise targets up to ₹700 crore
Business
Published on 15 May 2026
TPG Capital may quietly cut stake to 5%
Jana Small Finance Bank is set for a major capital boost with a fundraise that could reach up to ₹700 crore through a mix of primary and secondary deals. TVS Venu Srinivasan-led TVS Venu Group plans to buy a 10% stake for around ₹450 crore, alongside three to four additional investors, including an overseas player. It will be Jana’s first equity raise since its February 2024 IPO, while TPG Capital with 8.11% could reduce to about 5%.
- Jana Small Finance Bank fundraise may total up to ₹700 crore
- TVS Venu Group targets a 10% stake for about ₹450 crore
- Deal structure includes both primary and secondary equity offers
- Capital adequacy ratio stands at 19.4%, above the 15% norm
- TPG Capital at 8.11% may pare down stake to as low as 5%
- RBI approvals are expected, including fit and proper checks
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times