A record 15 companies registered their IPO documents on the last day of September, taking the total filings for the month to 41 – the highest ever recorded in a single month.
Gold loan companies slip as RBI orders corrective measures for lapses
The issues highlighted by RBI include improper valuation, breaches of loan-to-value (LTV) ratios, and inadequate governance in partnerships with fintech entities, said Shrikant Chouhan, head