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RBI lifts restrictions on JM Financial Products after seven months
short by Mansi Agarwal / on 18 Oct 2024,Friday
The Reserve Bank of India has lifted restrictions on JM Financial Products' financing against shares and debentures with immediate effect. The central bank had imposed the restrictions in March, citing "serious deficiencies" in loans sanctioned for IPO financing and governance issues. RBI reviewed the company's books based on the information shared by the SEBI.
short by Mansi Agarwal / 11:03 pm on 18 Oct
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