JM Financial share price: JM Financial shares plunge 19% after RBI restrictions. Here’s what happened
Shares of JM Financial plunged 19% on Wednesday to the day’s low of Rs 77.55 after the Reserve Bank of India (RBI) barred JM Financial Products from undertaking any form of business in shares and bonds funding due to regulatory violations and governance lapses, said a strongly-worded letter issued by the banking regulator on Tuesday. … Read more