Karvy: Latest News and Updates, Top Stories, Videos, Photos About Karvy

SEBI Bans Karvy Stock Broking, Promoter From Securities Market For 7-Yrs; Fines Rs 21cr Penalty

The securities and exchnage board of India (SEBI) bans a renowned brokerage firm, Karvy Stock Broking Ltd (KSBL) and its Comandur Parthasarathy from the securities market for seven years. The regulatory body also imposed a penalty of Rs 21 crore for ...

Here's How You Can Get Capital Gains Statement For Your Mutual fund Investments

If you invest in Mutual Funds through multiple platforms and wish to obtain a consolidated mutual fund capital gain statement but don't know how? Then you are at the right place. You can get your Mutual fund consolidated capital gain statement ...

Client Fund Misuse: NSE Expels Modex International, Karvy Stock Broking 28 Others, In Last 6 Yrs

As many as 30 stock brokers, including Modex International Securities and Karvy Stock Broking, have been expelled by the National Stock Exchange (NSE) for misusing clients' funds in the past six years. The exchange took these decisions between July ...

How To Link Aadhaar To Mutual Fund Investment Online?

If you invest in mutual funds through a SIP, you should be aware of certain crucial information such as Mutual funds and your Aadhar Number linking. If you do not link your PAN and Aadhaar by the deadline, your mutual fund's ...

Karvy's Membership With NSE Scrapped From Monday's Closing

Karvy stock Broking with effect from the market closing on Monday (November 23, 2020) has been declared a defaulter by the NSE and alongside its membership has been scapped. "All members are hereby informed that the Karvy Stock Broking has been ...

NSE Says Funds, Securities Worth Rs 2,300 Crore Settled In Karvy Case

On Tuesday, the National Stock Exchange (NSE) said that funds and securities worth Rs 2,300 crore belonging to about 2.35 lakh investors of Karvy Stock Broking Ltd have been settled so far. The case pertains to Karvy unauthorisedly transferring securities of ...

Karvy Stock Broking Debacle To Cost Brokers’ Clients PoA Privilege: Report

As per the leading business dailies report, soon after the debacle at Karvy's stock broking, broking firms will be in for a chaos as they no longer will be given the privilege to use the clients' power of attorney. Through access ...

Bajaj Finance Shares Surge On Invoking Pledged Shares Of Karvy Data Management Services

On Thursday, Bajaj Finance said that it has invoked 24 lakh pledged shares of Karvy Data Management Services (KDMSL) to recover outstanding dues from its group firm- Karvy Stock Broking (KSBL). "The shares of KDMSL were pledged with the company (Bajaj ...

Things To Know About Your PoA To Safeguard Your Stock Investments

On 2 December, NSE suspended the trading licence of Karvy Stock Broking Ltd for non-compliance of regulatory provisions. The suspension is on trading in the capital market, futures & options, currency derivatives, debt and commodity derivatives segments. BSE and MCX have ...

NSE, BSE, MCX Suspend Karvy Stock Broking's License For Non-Compliance Of Regulations

On Monday, NSE suspended Karvy Stock Broking's license due to non-compliance of regulatory provisions of the exchange. According to NSE's circular, with effect from 2 December 2019, Karvy Stock Broking will no longer be able to operate in segments such ...

SEBI Bans Karvy Stock Broking For Rs 2,000 Crore Client Defaults

The Securities and Exchange Board of India (SEBI) has banned Karvy Stock Broking Ltd (KSBL) with immediate effect, to take any new clients or execute trades of existing clients. The ban comes after client defaults worth Rs 2,000 crore. An NSE ...

MF Investors Also Provided With LTCG Statement

The Budget 2018 has once again re-instated the withdrawn LTCG tax of 10% on capital gains made on direct equity and equity mutual funds over and above Rs. 1 lakh in a financial year. While the said move is unlikely to ...

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