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flag RBI lifts restrictions on JM Financial Products Ltd after seven months due to regulatory violations.

flag 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. flag These restrictions were initially imposed due to regulatory violations in financing against shares and debentures. flag Following a special audit, the company can now resume its business activities while adhering to applicable laws and regulations. flag JM Financial Products is a significant non-banking finance company with a loan book of Rs 4,600 crore.

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