New Delhi, Aug. 25 -- Federal Bank on Tuesday denied reports that it is in talks to acquire a majority stake in Jana Small Finance Bank, stating that while it routinely evaluates growth opportunities, it has no deal to report.

"The bank evaluates various opportunities in the ordinary course, for growth and expansion of its business. Further, we clarify that there is no material event/ information that requires disclosure," the private-sector lender said in a regulatory filing.

Earlier on Tuesday, a CNBC-TV18 report citing people familiar with the matter said Federal Bank and Jana SFB are in "advanced stages" of a deal for the private bank to acquire a majority stake in the small finance bank. As part of the transaction, Jana SFB's promo...