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Bankers raise concern with NSE and SEBI over exposure to Karvy

Nov 27, 2019 13:15 IST

Banks and financial companies have reportedly met senior officials of the stock exchanges and raised concern over their exposure to Karvy.

Karvy's companies have taken close to Rs 2,900 crore from banks, including ICICI Bank, HDFC Bank, and Lakshmi Vilas Bank.

The bankers have discussed the matter to ascertain the knock-on effects of the order against the broking house by SEBI earlier this month. 

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