During an interaction post the meeting of its board, Securities and Exchange Board of India (Sebi) said that Karvy is currently facing a shortfall of ₹678 crore as outstanding dues to banks and ...

The story so far: On November 22, the Securities and Exchange Board of India (SEBI) passed an ex parte ad interim order against Karvy Stock Broking, a Hyderabad-based firm, prohibiting it from taking ...

Karvy case: The stock broking company was found violating market regulations to obtain loans from banks and NBFCs. It allegedly used clients’ shares as collateral and diverted funds to its real estate ...

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According to Sebi's interim order on November 22, Karvy transferred clients' securities to itself. Days after banning Karvy Stock Broking, SEBI Chief Ajay Tyagi on Wednesday said that the brokerage ...

Securities and Exchange Board of India (Sebi), the capital markets regulator, on Wednesday, cancelled the registration of brokerage firm Karvy Stock Broking Ltd (KSBL). Sebi has cancelled the ...

Karvy Stock Broking Chairman and Managing Director C Parthasarathi was arrested on Thursday for cheating and misuse of clients' funds, the Hyderabad police said. The founder of the financial services ...

Like a normal brokerage operation, Karvy took money from clients for any buy order and transferred shares to them upon making payment to the bourses. Similarly, for share sale, the scrip moved from ...

With the second week of February drawing to a close, Karvy Stock Broking Ltd (KSBL) has missed yet another self-declared deadline for clearing its client payouts, leaving many of its investors in the ...

Karvy has told NSE it will pay fund shortfall of ₹678 crore by March, said Sebi chairman Ajay Tyagi. On 22 Nov, Sebi barred Karvy from acquiring new clients and using power of attorney. Karvy Stock ...