Sebi Bars JM Financial, DeFi Sector Surges, Vehicle Finance NBFCs Upgraded, China’s Financial Crime Crackdown

JM Financial faces a major setback as Sebi bars the company from managing new debt public issues. The decentralized finance sector experiences a surge in value, while vehicle finance NBFCs are expected to see strong performance. China intensifies its crackdown on financial crime. Stay informed with Simply Finance as we cover these stories and provide valuable insights into the regulatory actions, market trends, and economic implications.

Sources:
https://www.livemint.com/market/jm-financial-share-price-plunges-over-9-after-sebi-bars-company-from-managing-new-debt-public-issues-11710129308401.html
https://dailyhodl.com/2024/03/09/total-value-locked-in-decentralized-finance-sector-surges-by-45-in-february-dappradar/
https://www.livemint.com/market/stock-market-news/vehicle-finance-nbfcs-to-see-strong-performance-says-kotak-equities-upgrades-cholamandalam-shriram-finance-to-buy-11710138729313.html
https://www.scmp.com/news/china/politics/article/3254860/more-340-corruption-net-chinas-top-prosecutors-double-down-tackling-financial-crime

Outline:
(00:00:00) Introduction
(00:00:49) JM Financial share price plunges over 9% after Sebi bars company from managing new debt public issues
(00:02:42) Total Value Locked in Decentralized Finance Sector Surges by 45% in February: DappRadar
(00:04:36) Vehicle finance NBFCs to see strong performance, says Kotak Equities; upgrades Cholamandalam, Shriram Finance to ‘Buy’
(00:07:04) Hundreds in net as China’s top prosecutors intensify financial crime crackdown