Karvy Case: SAT Directs Banks To Approach SEBI On Pledged Shares
Brokers watch their screens during trading hours inside a dealing room at a bank in Mumbai, India. (Photographer: Abhijit Bhatlekar/Bloomberg News)

Karvy Case: SAT Directs Banks To Approach SEBI On Pledged Shares

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The Securities Appellate Tribunal directed HDFC Bank Ltd., IndusInd Bank Ltd. and ICICI Bank Ltd. to approach the market regulator to secure shares pledged to them by Karvy Stock Broking Ltd.Banks ...
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