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Karvy Stock Broking ban explained: What Sebi regulations say

Updated : November 27, 2019 02:29 PM IST

As per Sebi norms, securities lying in depository participant (DP) accounts belong to clients, who are their legitimate owners
In a circular issued in June, the regulator made it mandatory for brokers to transfer the pledged securities to their clients' accounts within one day of receiving the payment
Karvy Stock Broking ban explained: What Sebi regulations say
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