Why do NBFC's get suspended? I want reasons in details.?

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Why do NBFC's get suspended? I want reasons in details.?

Post by jamesscot84 on Sun Mar 27, 2011 4:14 pm


MUMBAI, JANUARY 4: While the Sensex has crossed the 5,500 mark, the sustained rally in dud stocks of non-banking finance companies (NBFCs) in the last two months has raised many eyebrows. In spite of ``strict vigilance, investigation and hike in margins'' by stock exchanges, several NBFC stocks which were quoting below Rs five have shot up, raising fears of price manipulation.

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