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VERIFIEDET Stocks·neutral
TVS Venu, Shruti Lohia-promoted firms to buy minority stakes in Jana Small Finance Bank
AI Summary
- ·Jana Small Finance Bank is raising Rs 728 crore through equity share sales.
- ·Shruti Lohia's firm will acquire approximately 4% stake, and TVS Venu Group will take a 9.9% stake.
- ·The bank is seeking a universal bank license after a previous rejection.