New Delhi, June 10 -- Jana Small Finance Bank share price in focus: Shares of Jana Small Finance Bank, one of India's leading small finance banks, rose 6.5% to Rs.553 apiece in early trade on Tuesday, June 10, after the bank announced on Monday that it had formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a universal bank.

The strategic move marks a significant milestone in Jana Bank's growth journey and reflects its long-term commitment to financial inclusion, innovation, and sustainable banking, the bank said in a statement.

Over the past several years, Jana SFB has successfully built a strong retail and MSME franchise, expanded its digital and physical footprint across the countr...