Year Of Reckoning For New-Age IPOs
As investors start looking closely at company bottom lines, the long list of start-up IPOs will have a tough time convincing investors.
jm financial
May 2024
March 2024
IIFL Finance, JM Financial shares tank up to 5% amid RBI probe
The RBI has floated two separate tenders for the appointment of auditors to audit the two companies.
JM Financial shares plunge 10% after SEBI bars it from acting as debt issue lead manager
JM Financial can, however, continue to act as a lead manager for the public issue of debt securities for the existing mandates for 60 days from the date of the order.
After RBI action, SEBI bars JM Financial from acting as debt issue lead manager
The restrictions have been imposed after SEBI observed that regulatory norms were violated in the public issues of NCDs during the year 2023
JM Financial shares plunge 19% after RBI action
The RBI on Tuesday barred JM Financial Products from giving loans against shares and debentures, including sanction and disbursal of loans against IPO of shares, with immediate effect.
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
