The primary buyer was JM Financial Products Limited (JMFPL), a JM Group NBFC. JMFPL then sold these securities at a loss. Further, many retail investor applications were funded by JMFPL through JM ...

(MENAFN- IANS) New Delhi, March 14 (IANS) The Reserve bank of India (RBI) has imposed a monetary penalty of Rs 3.10 lakh on JM financial Products Limited over non-compliance. The penalty was ...

The primary buyer was JM Financial Products Limited (JMFPL), a JM Group NBFC. JMFPL then sold these securities at a loss. Further, many retail investor applications were funded by JMFPL through JM ...

The RBI conducted a limited review of the company's books based on information provided by the Securities and Exchange Board of India (SEBI). (ANI/File image). The company will, however, continue to ...

According to a statement by JM Financial, the order clarifies that the directions contained in it are limited to the company ... JM Financial Products, from conducting initial public offering ...

The primary buyer was JM Financial Products Limited (JMFPL), a JM Group NBFC. JMFPL then sold these securities at a loss. Further, many retail investor applications were funded by JMFPL through JM ...