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Coming down heavily on National Securities Depositaries Ltd (NSDL) and the Securities and Exchange Board of India (SEBI) for transferring, without any authority of law, fungible shares pledged by Karvy Stock Broking Ltd with four banks and one non-banking finance company (NBFC),
At a press conference on 29th March, Madhavi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), made a bold pledge that has gone viral. She declared, “There will not be another Karvy issue in our capital markets... If another Karvy-like instance happens, it will be on our dead bodies...
The Hyderabad police on Thursday arrested Karvy Stock Broking Limited Chairman C. Parthasarthy for allegedly defaulting the loan taken from IndusInd Bank.
The Hyderabad police on Thursday arrested Karvy Stock Broking Limited Chairman C. Parthasarthy for allegedly defaulting the loan taken from IndusInd Bank.