Jana Small Finance Bank inaugurated its 828th branch in Mangalore on August 29, 2026. The expansion strengthens the lender’s footprint in Karnataka, aiming to broaden access to formal financial services for individuals and businesses in the region.

The branch was opened at Somayaji Estate Pvt. Ltd., Sharada School Road, Mangalore. Shri U T Khader, Minister for Health & Family Welfare and Minority Affairs, Haj and Waqf, Government of Karnataka, officiated the ceremony. Mr. Shrinivas Murty, Head – Branch Banking & Chief Marketing Officer, along with other senior officials of the bank, were present.

Strategic Expansion

The new outlet will offer a comprehensive suite of banking products. These include liability products, gold loans, vehicle loans, housing loans, commercial banking services, insurance, and wealth management solutions.

Speaking at the event, the minister highlighted the role of formal banking in strengthening financial inclusion. He noted that the new branch supports inclusive economic growth by making financial solutions more accessible to families and businesses in Mangalore.

Regulatory Disclosure

The bank made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The move aligns with Jana Small Finance Bank’s broader strategy to deepen its retail presence across South India.

Jana Small Finance Bank announced that Dr. Subhash Khuntia has ceased to be a member of its Board of Directors effective July 27, 2026. The change takes effect from the close of business hours on that date, marking the conclusion of his tenure as required by statutory provisions. This update ensures transparency regarding the composition of the Bank’s leadership team for investors and stakeholders.

The Board of Directors formally noted the completion of Dr. Khuntia’s tenure pursuant to Section 149(10) of the Companies Act, 2013. The Bank disclosed this development in a filing submitted to both the BSE Limited and the National Stock Exchange of India Ltd. on July 28, 2026. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Transition

Lakshmi R. N, Company Secretary and Compliance Officer of Jana Small Finance Bank Limited, signed the intimation letter addressed to the stock exchanges. The registered office of the Bank is located in Bengaluru, Karnataka.

What This Means for Investors

The exit of Dr. Khuntia is a routine corporate governance event driven by the expiry of his term rather than any operational or strategic dispute. Investors should note that the Board has acknowledged this change officially, ensuring that public records reflect the current directorship status accurately. No further details regarding immediate replacements or interim arrangements were provided in this specific filing.