Archive · 25 Aug 2026

Federal Bank Shares Fall After Jana SFB Deal Report

Federal Bank Shares Fall After Jana SFB Deal Report

A news report said Federal Bank might buy a large stake in Jana Small Finance Bank.

The stake was described as the promoter’s entire 16.9% holding.

The report also said Federal Bank might make an open offer to other shareholders.

Federal Bank’s share price then dropped by 4.49%.

Jana Small Finance Bank’s shares also fell, by 1.96%.

A clarification was issued after the report appeared.

The clarification used a rule for responding to news reports in the media.

The article does not provide the full wording of the lender’s clarification.

Sources