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Karvy fraud saga and its impact on Dalal Street, explained

Updated : November 25, 2019 03:18 PM IST

The defaults are to the tune of Rs 2,000 crore and Sebi has directed that pending forensic audit, KSBL is prohibited from taking new clients with respect to its stockbroking activities.
Early indications suggest that Sebi’s response will not be limited to the actions that are taken against Karvy.
Karvy fraud saga and its impact on Dalal Street, explained

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