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Karvy goes on the front foot against allegations of fraud

Embroiled in media Sturm und Drang surrounding police complaints filed against CEO Abhijit Bhave and other group officials for criminal breach of trust and cheating, India-based Karvy Private Wealth has moved quickly to refute the allegations, putting forth the clarification that it has “not misled or cheated any investor, much less the present complainants”. According to an article in the…

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