Karvy Fraud Case Money Update | Were Investors Paid Anything Back?

Описание: Karvy was one of the well-known brokerage firms based out of Hyderabad and was a part of the country's prominent business group – Karvy Group. It is one of the biggest stockbroking firms that provide core financial services to customers.

Around 6 months before Karvy was expelled by NSE and declared as a defaulter but it's strange to see that no complaint against Karvy has been registered by anyone in the industry.

The reason behind no legal action taken is that C Parthasarathy, its group chairman, has reached out to people with an assurance that the firm is close to selling its data management business, Karvy Data Management Services Ltd, and hopes to raise almost Rs1,000 crore,

In November 2020 the NSE had claimed that it had settled claims worth Rs2300 crore of 2.35 lakh investors
NSE had expedited proceedings and begun to pay eligible investors up to Rs 25 lakh each on account of the Karvy default since January this year.

Today in this video we are bringing information regarding Karvy Stock Broker about what the firm is doing to the investors and why no complaints have been registered against Karvy after being declared as a defaulter.

All will be covered in this video to grab information in detail, watch the video till the end!


Source OF INFORMATION: https://bit.ly/3umE8B8

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