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JM Financial stock crash

JM Financial share price: JM Financial shares plunge 19% after RBI restrictions. Here’s what happened

March 6, 2024 by Edward Johnson
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

Categories BUSINESS Tags ipo, jm financial, JM Financial Products, JM Financial RBI action, JM Financial share price, JM Financial stock crash, JM Financial stock fall, JM Financial stock price, Sebi Leave a comment

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