NSE, BSE terminate Karvy’s membership
- BSE says investors having any outstanding claims against Karvy Stock Broking are advised to file claims with the exchange, if they so desire, within 90 days from the date of issue of this notice
Top stock exchanges have expelled Karvy Stock Broking Ltd, a year after the markets regulator discovered misuse of client securities at what was once one of India’s leading broking firms. Karvy was also declared a defaulter, meaning it was unable to honour its dues owed to the exchanges.
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