After 32 Broker Defaults, SEBI Attempts To Stop Misuse of Investor Funds

At a press conference on 29th March, Madhavi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), made a bold pledge that has gone viral. She declared, “There will not be another Karvy issue in our capital markets... If another Karvy-like instance happens, it will be on our dead bodies...

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