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Sebi penalises NSE, BSE for laxity in Karvy Stock Broking case

Brokerage misused securities worth Rs 2,300 crore belonging to more than 95,000 clients, says regulator

Topics
Karvy Stock Broking Limited KSBL | SEBI | NSE

BS Reporter  |  Mumbai 



sebi
Sebi

The Securities and Exchange Board of India (Sebi) has slapped a penalty of Rs 3 crore on the and Rs 2 crore on the National Stock Exchange (NSE) for “laxity” in detecting misconduct by Karvy Stock Broking (KSBL).

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First Published: Wed, April 13 2022. 00:05 IST

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