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Karvy case: 90% investors get back their securities on prompt Sebi action
December 2, 2019 | By Livemint.com
business
With the latest transfer by NSDL, nearly 90% investors have got back their securities and the remaining ones will get after clearing their dues.Karvy has taken loans to the tune of ₹600 crore by pledging securities worth more than ₹2,300 crore of 95,000 cli…
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NEW DELHI : Markets regulator Sebi's prompt action against Karvy Stock Broking Ltd (KSBL) has resulted in nearly 83,000 investors getting back their securities, which were illegally transferred by the broker to its own account and were even pledged without a
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