Karvy Crisis: Should Lenders Have Known Better?
Customers wait at a HDFC Bank Ltd. bank branch in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Karvy Crisis: Should Lenders Have Known Better?

In the latest Karvy Stock Broking Ltd. crisis, the Securities Appellate Tribunal has told four lenders to make their case before the market regulator in order to retrieve their funds.On Nov. 22, vi...
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