TPG Capital said to lead $31.58m round for India's Jana Small Finance Bank

TPG Capital said to lead $31.58m round for India's Jana Small Finance Bank

Photo: Jana SFB's Facebook page

Janalakshmi Small Finance Bank, which scripted a turnaround to improve its asset quality, has raised a ₹225-crore round led by existing investor TPG Capital, said two people aware of the development, requesting anonymity.