Karvy delays broking payouts: Investors send SOS to Centre, FinMin & SEBI

Описание: Investors have taken the social media route to complain to the Prime Minister’s Office (PMO), Finance Ministry and markets regulator Securities and Exchange Board of India (SEBI), seeking payouts from Hyderabad based-financial services group Karvy.
The latter is facing a liquidity crunch as some of its commodity trading clients have defaulted on payments after incurring huge losses on trades in castor seed contracts, sources told Moneycontrol

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