Jana Small Finance Bank on Monday  reported the resignation of Rajesh Rao from his current position as Chief Operating Officer effectively July 5, 2024. 

Rao, one of the Senior Administration Staff of the bank, offered his renunciation through email on April 8, 2024, referring to his goal to seek after a part-time PhD program at XLRI, Jamshedpur. 

According to the company’s stock exchange filing, it says, “ this is to inform that one of the Senior Management Personnel of Jana Small Finance Bank Limited (“the Bank”), Rajesh Rao, has vide email dated April 8, 2024, tendered his resignation from the position of Chief Operating Officer of the Bank to pursue part-time PhD programme from XLRI, Jamshedpur”.

Expressing his words on his future endeavours, Rao states, “ After 30 years in corporate world, I wish to pursue the part time PhD program at XLRI, in strategic management area. The program commences in Jamshedpur campus on July 8, 2024”. On the BSC of the company, the market shares of Jana Small Finance Bank Ltd completed at 475.00, which is increased by 4.35 or 92 Percent.

Jana Small Finance Bank limited is the fourth biggest small finance bank in India, as far as AUM and the fourth biggest small finance Bank as far as deposit size.

Small finance Banks essentially function as reserve fund vehicles, as they are participated in offering credit services to private company units, micro, small &  medium size businesses which are operating through their cutting edge innovation and minimal expense tasks.

Read More News :

Swiggy is ready to set sail in Water! Food to deliver for Houseboats in Dal Lake

Byju's-guided Aakash Institute welcomes Deepak Mehrotra as MD & CEO