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KARVY FINANCE
Sebi rejects Axis Bank plea to invoke Karvy sharesAxis Bank lent Rs 80.47 crore to Karvy Stock Broking in the form of overdraft against shares.
Bajaj Finance invokes pledged shares of Karvy Data ManagementKDMSL was incorporated in April 2008 in Telangana for providing IT solutions.
Sebi rejects lenders’ plea on client shares pledged by KarvyHDFC Bank, IndusInd, ICICI and Bajaj Fin had sought return of shares pledged by Karvy.
SAT refuses relief to lenders in Karvy caseThe tribunal asked these companies to approach Sebi by December 6 with their pleas.
Hear Bajaj Finance plea: SAT to SebiBajaj Finance’s petition before SAT on Monday had called on Sebi to hear its concerns.
SAT asks NSDL to hold back remaining stocks of Karvy clientsThe SAT order came on a plea from affected lenders-- HDFC Bank, ICICI Bank, Indusind Bank and Bajaj Finance.
Majority of Karvy clients get back pledged sharesOn Monday, depositories transferred securities worth Rs 2,013.77 crore to 82,559 clients of Karvy, said one of the persons.
Karvy case: Bajaj Finance moves SAT against Sebi orderSAT reserved the matter for orders on Tuesday.
Karvy raised Rs 600 crore by pledging clients’ securitiesSebi banned Karvy from taking new clients over client defaults worth Rs 2,000 crore.
Can ‘CP’ weather another Karvy storm?Even as Karvy tried to adopt corporate practices, a few old habits lingered.
Global private equity fund General Atlantic buys stake in Karvy ComputershareGeneral Atlantic has been active in India since 1999 and has invested over $2 billion in the India and Asia-Pacific region, as of December ...
Arpwood, Indostar vie for $400 million Karvy NBFCAt least two bidders, Arpwood Capital, and Indostar Capital Finance are in the fray to acquire the non-banking finance company (NBFC) Karvy...
Srei Infrastructure Finance plans to raise up to Rs 200 croreSrei Infrastructure Finance is planning to issue secured redeemable non-convertible debentures (NCDs) of Rs 1,000 each.
Karvy Financial Services plans to raise around Rs 600 crore from PEsCEO Saxena declined to provide details of the PE investors the company is talking to, but indicated that it may close a deal within the nex...
Karvy Finance enters commercial vehicle finance space, even as big players go slowThe city-based lender will lend up to Rs 10 lakh for a tenure of one to five years to assist the purchase of small CVs, it said in a releas...
2005 IPO scam: Karvy Consultants' Rs 65 lakh FDs seizedThe ED has charged Karvy for using the shares meant for Retail Individual Investor (RII) and also for creation of benami demat accounts.
- Karvy Fin aims at loans-outstanding of Rs 3,000-cr by FY 14
It is active in 3 prod lines -- loans against shares, loans against gold & business loans against property -- and intends to stick to these...