QRG Investments and Holdings has sold around 10.77 lakh shares, representing 1.02% of total share holding, of Jana Small Finance Bank to Monet Securities for around Rs 52.60 crore. The shares were sold at a price of Rs 488.30 a share.
Jana Small Finance Bank is a non-banking finance company (NBFC) primarily engaged in providing MSME loans, affordable housing loans, term loans to NBFC, loans against fixed deposits, two-wheeler loans and gold loans.