Janalakshmi Financial Services seeks to change its name to Jana Small Finance Bank, start service by February end. : Mumbai: Janalakshmi Financial Services has raised Rs600-700 crore (around $100 million) in latest round of fund-raising ahead of its transformation as a small finance bank, said two people aware of the development. In 2015, the Reserve Bank of India issued small finance bank licences to 10 entities, including Janalakshmi. The others are Equitas Holdings Ltd, Ujjivan Financial Services Ltd, Au Financiers (India) Ltd, Capital Local Area Bank Ltd, Disha Microfin Pvt. Ltd, ESAF Microfinance and Investments Pvt.