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Less than two years after markets regulator Securities & Exchange Board of India (Sebi) banned Hyderabad-based broking firm Karvy Stock Broking Lt ....
The banks in their complaint alleged that Karvy group represented by Parthasarathy unlawfully pledged the shares of its clients and availed loans. ....
సాక్షి, హైదరాబాద్: బ్యాంకు రుణాలను ఎగవేశారనే ఆరోపణల నేపథ్యంలో కార్వీ ఎండీ పార్థసారధి అరెస్టయ్యారు. రూ.780 కోట్ల రుణాల ఎగవేత కేసులో సీసీఎస్ పోలీసుల గురువారం అతడిని అదుపులోకి తీసుకున్నారు. వివిధ బ్యాంకుల ఫిర్యాదుతో సీసీఎస్ పోలీసులు చర్యలు తీసుకున్నారు. కార్వీ షేర్లను తనఖా పెట్టి వివిధ బ్యాంకుల వద్ద పార్థసారధి రుణాలు స్వీకరించారు. హెచ్డీఎఫ్సీలో రూ.340 కోట్లు, ఇండస్ ఇ� ....
Axis Securities displaces Upstox from 3rd spot, thanks to Karvy March 05, 2021 × Axis Securities, a fully-owned subsidiary of Axis Bank, has toppled Upstox to become the third largest broking firm with the acquisition of Karvy Stock Broking. Axis Securities has acquired 11.5 lakh trading accounts from Karvy, taking its overall count to 36 lakh. The market leader ICICI Securities has 50 lakh accounts followed by Zerodha with 40 lakh accounts, as of December-end. To facilitate a seamless transfer, Axis Securities has made the entire journey digital and paperless for Karvy customers. The migration process has been initiated by the Exchanges and once the process is completed, Axis Securities will share trading account details with Karvy customers along with login credentials. Customers can open a fresh demat account to shift their existing holding under Axis Securities DP. ....