Ugro Capital’s Shares Surge 3% Following Company’s Clarification on RBI Circular Addressing Credit Risk In a notable market development, Ugro Capital has witnessed a 3% surge in its shares, propelled by the company’s recent clarification on the Reserve Bank of India’s (RBI) circular related to credit risk. This article delves into the details of Ugro Capital’s response to the RBI directive, the impact on investor sentiment, and the broader implications for the company in navigating credit risk dynamics. Key Points: Ugro Capital’s Response to RBI Circular: The article begins by outlining Ugro Capital’s official clarification regarding the RBI circular addressing credit risk. It delves into the company’s stance on compliance,…