RBI orders JM Financial to stop financing against shares, debentures
Apart from violating regulatory guidelines, there are serious concerns about governance issues in JM Financial Products, says RBI
Apart from violating regulatory guidelines, there are serious concerns about governance issues in JM Financial Products, says RBI
Monetary policy committee keeps rates unchanged; central bank announces new measures to mitigate pandemic woes, as it sees 9.5% contraction in real GDP for FY21.
The housing finance company says recent developments may raise doubts about its ability to continue as a going concern.