Everything about promoter pledging that you should know
Investing

Everything about promoter pledging that you should know

The Reserve Bank of India (RBI) in its Financial Stability Report dated June 27, 2019, expressed its concern over the high level of promoter pledging. The report argued that a high level of promoter pledging indicates the poor financial health of a company and probably a situation that a company is unable to raise funding from other sources.

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