RBI's Rigorous Crackdown: Ensuring Compliance and Shaping a Secure Financial Future. [1] JM Financial Products RBI's ban on JM Financial Products' financing against shares and IPOs, citing deficiencies in their operations, led to a 19% plunge in share prices. [2] IIFL Finance IIFL Finance faced RBI's restrictions on its gold loan operations due to supervisory issues like improper gold valuation and auction processes, causing a 20% stock drop. RBI's decisive crackdown showcases its unwavering commitment to ensuring financial stability and preventing systemic risks through strict regulatory oversight.
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A firm hand from RBI to ensure financial integrity Ramavath Manikanth
RBI's stringent measures affirm its commitment to financial stability. 🏦 Ramavath Manikanth
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