In fiscal year 2021, the Indian financial services company Karvy Corporate had around two thousand active clients. This drop in customers came as a result of investigations against the company for allegedly misusing money and securities. In November 2019, Karvy was banned from accepting new clients by the Securities and Echange Board of India (SEBI) and in November 2020 it was disclosed from its membership at the National Stock Exchange (NSE). Karvy offered a host of services including providing secured loans for small businesses, portfolio management and commodities broking.
Number of active clients with Karvy Corporate from financial year 2014 to 2021
(in 1,000s)
Characteristic
Number of customers in thousands
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topsharebrokers. (May 10, 2022). Number of active clients with Karvy Corporate from financial year 2014 to 2021 (in 1,000s) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1056641/india-karvy-number-of-active-customers/
topsharebrokers. "Number of active clients with Karvy Corporate from financial year 2014 to 2021 (in 1,000s)." Chart. May 10, 2022. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1056641/india-karvy-number-of-active-customers/
topsharebrokers. (2022). Number of active clients with Karvy Corporate from financial year 2014 to 2021 (in 1,000s). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1056641/india-karvy-number-of-active-customers/
topsharebrokers. "Number of Active Clients with Karvy Corporate from Financial Year 2014 to 2021 (in 1,000s)." Statista, Statista Inc., 10 May 2022, https://www.statista.com/statistics/1056641/india-karvy-number-of-active-customers/
topsharebrokers, Number of active clients with Karvy Corporate from financial year 2014 to 2021 (in 1,000s) Statista, https://www.statista.com/statistics/1056641/india-karvy-number-of-active-customers/ (last visited September 01, 2024)
Number of active clients with Karvy Corporate from financial year 2014 to 2021 (in 1,000s) [Graph], topsharebrokers, May 10, 2022. [Online]. Available: https://www.statista.com/statistics/1056641/india-karvy-number-of-active-customers/