Jana Small Finance Bank spearheads vaccination of employees at its branches across the country

04 May, 2021, Bangalore – The bank started with the vaccination of employees over 45 and paced up the efforts multi-fold as soon as the Department of Financial Services (DFS) and Parliamentary standing committee recognized Bankers as Covid warriors, thus making all its employees over 18 years of age eligible. 

This drive was kicked off recently and the bank has already vaccinated 25% of its total workforce (~4,000 employees) at its head office and branches in the last 10 days.  

Jana Small Finance Bank’s employees have continued serving customers across all branches amidst surging Covid-19. In the current scenario, the bank sees vaccination as a key measure to protect its frontline warriors. The bank has put an action plan in place to provide succour to its employees by tying up with various Govt health centres to provide free vaccines at its bank branches across India. The bank has already conducted these vaccination camps at 109 branches and plans to cover its employees across all its bank branches very soon. Jana Bank’s chief executive Mr. Ajay Kanwal is himself driving this initiative and the entire management team is highly passionate about completing this activity soon.

Jana intends to get vaccination done for its employees, their immediate family members, its partner staff operating out of the bank branches/ offices and BC (Banking Correspondent) staff working for the bank. Thus in the drive, Jana Bank is covering the set of people serving its customers (own employees and partner /BC staff) apart from their families, who encourage them to perform their duties in these times.

Through close coordination with respective state authorities, the Bank is working towards ensuring that vaccines are available to all its employees across all its branches. Earlier, in a few camps conducted by the bank it had extended vaccination for its employees’ family members 45 years  and above as well. The planned vaccination drives for 18 years and above, will also try to cover the family members of employees, subject to approval of local authorities/ hospitals, and the availability of the vaccines.

About Jana Small Finance Bank

Jana Small Finance Bank Limited (Jana Small Finance Bank) is one the leading Small Finance Banks of India in terms of assets under management and deposit size as at March 31, 2020. Jana Small Finance Bank has the second most geographically diversified portfolio with a pan-India presence among all Small Finance Banks in India as at March 31, 2020. As at February 28, 2021, Jana Small Finance Bank had 611 Branches, including 166 Branches in Unbanked Rural Centres, and 134 ATMs located in 229 districts in 20 states and three union territories. Jana Small Finance Bank has served over 8.00 million customers since 2008, including approximately 3.05 million active customers.

Jana Small Finance Bank Limited (the “Bank”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India. The DRHP shall be available on the website of SEBI at www.sebi.gov.in, websites of the Stock Exchanges i.e. BSE and NSE at www.bseindia.com and www.nseindia.com, respectively, and is available on the websites of the BRLMs i.e. Axis Capital Limited, ICICI Securities Limited and SBI Capital Markets Limited at www.axiscapital.co.in, www.icicisecurities.com and www.sbicaps.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see "Risk Factors" of the RHP, when available. Potential investors should not rely on the DRHP for any investment decision.

This announcement has been prepared for publication in India and may not be released in the United States. This announcement does not constitute an offer of securities for sale in any jurisdiction, including the United States, and any securities described in this announcement may not be offered or sold in the United States absent registration under the US Securities Act of 1933, as amended, or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the Bank and that will contain detailed information about the Bank and management, as well as financial statements. However, no public offering of securities is being made in the United States

For media queries, please contact corp.comm@janabank.com