RBI Bans JM Financial For IPO Financing, Loan Against Shares with immediate effects – JM Financial has been barred from giving out loans against IPO of shares and against subscription to bonds, but it can continue to service existing loan
SBI to raise $2 billion from overseas markets in FY2023-24 : The Executive Committee of State Bank of India’s Central Board has approved long term fund raising of up to $2 billion in US dollar or any other convertible currency
Adani fiasco and ultimate beneficiary was US short seller Hindenburg, who lost the most the retail investors. Hindenburg report triggered $100 billion rout in the share price of Adani Group with a week. The report was publicized without any clarification