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JM Financial News

Reserve Bank of India

06 Mar 2024

RBI Imposes Curbs On JM Financial Products; Finds Lapses In IPO Funding

The Reserve Bank has however said that the JM Financial shall continue to service its existing loan accounts through the usual collection and recovery process.

13 Aug 2017

PwC, EY, 3 others in race for HPCL transaction adviser

PwC, JM Financial and ICICI Securities are among the five consultants vying to become transaction adviser to the government's over Rs 33,000 crore stake sale in HPCL to ONGC.

State Bank of India

26 May 2017

SBI set to hire six banks for up to $2.3 billion share sale

State Bank of India is set to hire Bank of America Merrill Lynch, Deutsche Bank, IIFL, JM Financial, Kotak and SBI Capital to manage a share sale of up to 150 billion rupees.

05 Mar 2017

Centrum Housing Finance eyes Rs 250-crore loan book in 1st year

Cetrum Home Finance, the Centrum group's housing finance arm that was launched last month, plans to have a loan book of Rs 250 crore by the end of the first year of operations.

30 Apr 2016

Vodafone appoints six investment banks for $3billion India IPO

Telecom major Vodafone is getting closer to its initial public offering (IPO) plan in India and the company has already selected investment bankers for the issue.

26 Nov 2015

Coal India stake sale: Govt shortlists 5 merchant bankers

Government has shortlisted five Indian merchant bankers, including JM Financial, SBI Capital and ICICI Securities, for managing the over Rs 21,000-crore stake sale in Coal India.

20 Nov 2014

Vikram Pandit-led fund invests Rs 540 cr in JM Financial arm

Well known banker Vikram Pandit-led global fund has invested Rs 540 crore in JM Financial's real estate lending subsidiary FICS.

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