TVS Venu to acquire up to 9.9% stake in Jana Small Finance Bank (JSFB)

Exam-focused facts from the 21 May 2026 current affairs briefing.

Key facts

TVS Venu will acquire up to a 9.9% equity stake in Jana Small Finance Bank (JSFB) on a fully diluted basis.
The acquisition will be executed through a combination of primary warrant issuance and secondary share purchase.
The investment includes a 4.9% stake for TVS Motor Company.
JSFB is a banking franchise based in Bengaluru.
TVS Venu has signed definitive agreements to acquire a 100% stake in PGIM India Asset Management.