RBI lifts share and bond funding restrictions on JM Financial Products
Fri, Oct 18, 2024 9:58 PM

RBI lifts share and bond funding restrictions on JM Financial Products

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RBI has lifted its ten-month-long restrictions on JM Financial Products after a special audit and rectification of regulatory and governance lapses. The company assures continued adherence to compliance standards in its financing activities. The company has a loan book of Rs 4600 crore and assets under management of Rs 7197 crore at the end of Q3FY24, according to the stock exchange disclosures.

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