RBI lifts restrictions on JM Financial Products Ltd after seven months due to regulatory violations. RBI levanta las restricciones a JM Financial Products Ltd después de siete meses debido a infracciones reglamentarias.
The Reserve Bank of India (RBI) has removed restrictions on JM Financial Products Ltd, a subsidiary of JM Financial Ltd, after a seven-month period. El Banco de Reserva de la India (RBI) ha eliminado las restricciones a JM Financial Products Ltd, filial de JM Financial Ltd, después de un período de siete meses. These restrictions were initially imposed due to regulatory violations in financing against shares and debentures. Estas restricciones se impusieron inicialmente debido a violaciones reglamentarias en la financiación contra acciones y obligaciones. Following a special audit, the company can now resume its business activities while adhering to applicable laws and regulations. Tras una auditoría especial, la empresa puede reanudar sus actividades comerciales al tiempo que se adhiere a las leyes y reglamentos aplicables. JM Financial Products is a significant non-banking finance company with a loan book of Rs 4,600 crore. JM Financial Products es una importante compañía financiera no bancaria con una cartera de préstamos de Rs 4.600 crore.