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Karvy crisis deepens as Sebi pegs misuse at ₹2,800 crore
December 1, 2019 | By Livemint.com
business
New figure is 40% higher than the earlier one, may rise further after forensic analysis is over.NSE’s guidelines for protection of the interests of investors cap individual payouts in case of default at ₹25 lakh
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Mumbai: The mess at Karvy Stock Broking Ltd seems to be much bigger than first believed. The markets regulator now estimates the misuse of client securities by the broker at 2,800 crore, 40% more than the 2,000 crore it determined earlier, two people with dir
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