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Sebi bans Karvy brokerage for suspected Rs 2k-cr fraud

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Sebi bans Karvy brokerage for suspected Rs 2k-cr fraud

22 Nov Stock Analysis

MUMBAI: Markets regulator Sebi on Friday banned Karvy Stock Broking from accepting new investors over alleged misappropriation of shares and funds of its clients worth about Rs 2,000 crore, which is one of the largest amounts by a broker in India.
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Global, The Times of India
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