Karvy Stock Broking Head Arrested For Fraud, Securities Norms Violation | Read

PUBLISHED ON: August 19, 2021 | Duration: 1 min, 36 sec

  
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Karvy Stock Broking Chairman and Managing Director C Parthasarathi was today arrested for cheating and misuse of clients' funds, the Hyderabad police said today. The founder of the financial services company was taken into custody following a complaint by IndusInd Bank alleging that his firm had defaulted on a Rs 137-crore loan.
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