Big relief in Karvy case: After swift SEBI crackdown, 93% of investors get back pledged securities
The NSE and the BSE, on December 2, suspended Karvy's trading license with immediate effect.
Over 83,000 clients, or more than 93 percent, out of 90,000 clients of Karvy Stock Broking have received securities worth Rs 2,013.77 crore, which the broker had wrongly pledged with lenders.
"As per the direction of SEBI and under supervision of NSE, securi
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