RBI Removes Funding Restrictions on JM Financial Products – What This Means for Investors?
The Reserve Bank of India has loosened limits on JM Financial Limited’s subsidiary JM Financial Products Ltd’s ability to finance against shares and debentures, the company announced on October 18. The RBI’s earlier restrictions were immediately lifted by means of a letter dated October 18, 2024. With immediate effect, the RBI had prohibited JM Financial … Read more
