Loan sanctioning practices
RBI Restricts JM Financial’s Lending Against Shares, Debentures Over Governance Concerns
RBI Restricts JM Financial’s Lending Against Shares, Debentures Over Governance Concerns Mumbai, India – March 6, 2024: In a move raising concerns about the financial services sector, the Reserve Bank of India (RBI) has restricted JM Financial Products Limited (JMFPL), a subsidiary of JM Financial, from engaging in any form of financing against shares and […]