TVS Venu Group buys 9.9% stake in Jana Small Finance Bank for ₹193.3 crore

Direct fact

On 20 May 2026, TVS Venu Group acquired a 9.9% stake in Jana Small Finance Bank for a total consideration of ₹193.3 crore through a mix of primary warrant subscription and secondary share purchases.

Key specifics

• The transaction involved the purchase of 51.6 lakh equity shares from Jana Holdings.
• TVS Motor Company will directly hold a 4.9% stake in the bank.
• Jana Small Finance Bank commenced operations as an SFB in 2018.
• The bank is headquartered in Bengaluru, Karnataka.
• TVS Group also operates in lending through TVS Credit Services and has signed agreements to acquire 100% of PGIM India Asset Management.

Exam lens

Question type: banking and corporate investment, stake percentage, ₹193.3 crore deal value, 51.6 lakh shares and 2018 SFB launch are the key TNPSC facts.