Jana Small Finance Bank re-appoints K S Raman as executive director

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Reviewed by
Naman SScanX News Team
Key Highlights
  • RBI approved re-appointment of K S Raman as Executive Director
  • Term begins January 1, 2027, and lasts for three years
  • Shareholder approval sought at AGM on September 29, 2026
  • Raman has nearly 40 years of banking experience globally
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Jana Small Finance Bank has secured Reserve Bank of India approval to re-appoint K S Raman as an Executive Director. The appointment takes effect on January 1, 2027.

The RBI conveyed its approval in a letter dated September 16, 2026. The bank will place the re-appointment before shareholders for final approval at the Annual General Meeting scheduled for September 29, 2026.

Appointment Details

Raman will serve a term of three years, running from January 1, 2027, to December 31, 2029. This follows his existing tenure with the bank.

Detail Information
Role Executive Director
Term Start January 1, 2027
Term End December 31, 2029
Approval Authority Reserve Bank of India

Profile and Disclosures

Krishnan Subramania Raman brings nearly 40 years of banking experience from India, Singapore, Indonesia, and the UAE. He has spent nine years with Jana Small Finance Bank. Prior to joining the bank, he held senior risk management roles at Mashreq Bank in the UAE, Standard Chartered Permata Bank in Indonesia, and Dunia Finance in Dubai.

Raman is a postgraduate in business management from the Indian Institute of Management, Calcutta. He is an associate member of the Institute of Chartered Accountants of India and a member of the Indian Institute of Bankers.

The bank confirmed that Raman is not related to any other directors. In accordance with SEBI circulars LIST/COMP/14/2018-19 and NSE/CML/2018/02, both dated June 20, 2018, the bank declared that Raman is not debarred from holding office by any SEBI order or other authority.

Historical Stock Returns for Jana Small Finance Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+2.66%-2.59%-9.98%+49.30%+11.30%+41.27%

How is K S Raman's re-appointment expected to influence Jana Small Finance Bank's risk management strategies and digital transformation initiatives over the next three years?

What specific growth targets or strategic priorities has Jana Small Finance Bank outlined for the 2027-2029 period under Raman's continued leadership?

How might this leadership continuity impact investor confidence and the bank's stock performance in the small finance bank sector?

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Jana Small Finance Bank accepts resignation of Company Secretary Lakshmi RN

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Lakshmi RN resigns as Company Secretary and Compliance Officer at Jana Small Finance Bank
  • She served the bank for approximately 13 years before leaving for another opportunity
  • Her last working day is set for October 31, 2026
  • The resignation was disclosed under SEBI Listing Regulations to stock exchanges
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Jana Small Finance Bank has accepted the resignation of Lakshmi RN from her role as Company Secretary and Compliance Officer, effective October 31, 2026.

Ms. RN tendered her resignation via email on September 7, 2026, citing another career opportunity after serving the bank for approximately 13 years. The bank’s Managing Director and CEO, Ajay Kanwal, confirmed the acceptance of her resignation in a disclosure filed with stock exchanges.

Regulatory Disclosure

The bank made the disclosure pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, and SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Key Details

Detail Information
Name of SMP Lakshmi RN
Reason for change Resignation
Reason for resignation Another opportunity
Tenure About 13 years
Last working day October 31, 2026

The bank stated that Ms. RN will be relieved from her responsibilities on October 31, 2026, following discussions with management. No immediate replacement was announced in the filing.

Historical Stock Returns for Jana Small Finance Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+2.66%-2.59%-9.98%+49.30%+11.30%+41.27%

Who is the likely candidate or internal successor Jana Small Finance Bank will appoint to replace Lakshmi RN as Company Secretary?

How might the transition of a key compliance officer with 13 years of tenure impact the bank's regulatory reporting timelines during the interim period?

Could this leadership change signal broader strategic shifts in Jana Small Finance Bank's corporate governance or compliance framework?

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1 Year Returns:+11.30%