SEBI Bans Karvy Stock Broking For Suspected Rs 2,000 Crore Client Fraud

 

SEBI Bans Karvy Stock Broking For Suspected Rs 2,000 Crore Client Fraud

The ban comes after client defaults worth Rs 2,000 crore. An NSE investigation revealed that Karvy had allegedly sold client stocks pledged with it through associated entities. SEBI said the firm had …

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