JM Financial is expecting that the challenges posed to the economy due to the second wave of the COVID-19 pandemic may impact its income, liquidity position as well as demand for its financial products. On account of the uncertainties around COVID-19, the financial services firm's total provisions by March 2021 stood at Rs 383 crore.
JM Financial is an integrated financial services group offering a wide range of capital market services to its corporate and individual clients.