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)
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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 July 22, 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 July 22, 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: July 22, 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 July 22, 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/