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Karvy Stock Broking

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BSE, too, declares Karvy as defaulter, expels from membership

Leading bourse BSE has also declared Karvy Stock Broking as a defaulter and expelled the brokerage house from its membership after a similar action was taken by the NSE. Investors having any......

Karvy declared defaulter by NSE for misuse of clients' securities

The total default is said to be in excess of Rs 3,000 crore — making this the largest default by a broker. The National Stock Exchange (NSE) has declared Karvy Stock Broking a......

To protect investors, Sebi mulls tighter MF norms post-Karvy

Exchanges will have to facilitate a more direct interface between clients and the clearing corporation, bypassing intermediaries such as brokers, under this new proposed framework. Illustration:......

Karvy commodity clients now knock bourses' doors

The Karvy group's commodity broking arm, too, is facing a liquidity crisis.Shrimi Choudhary reports.   The Karvy Stock Broking fiasco has spilled over to the commodities space, with clients......

Sebi has its hands full, as BMA Wealth investors demand Karvy-like refund action

BMA’s clients allege that depository firm CDSL and stock exchanges did not act on their complaints, prompting them to protest before Sebi. They say their shares have been transferred to a......

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