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Sebi bans Karvy Stock Broking from accepting new investors over misappropriation of shares and funds

By
Dhrumit Thakkar
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(G.N.S) Dt. 23 Mumbai Sebi has 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. In a rare move by the regulator, Sebi

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