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What is Karvy Stock LTD about?

Karvy Stock Broking Ltd. was a major Indian brokerage firm that misused client securities and funds, leading to one of the largest financial scams in Indian history. The firm abused power of attorney to pledge client assets for its own benefit, resulting in significant financial losses for investors and regulatory actions from SEBI and NSE. The scandal prompted reforms in regulatory oversight and investor protections to prevent similar occurrences in the future.

Author

aestheticstylesprints

Language

EN