Securities Regulator Issues Rs 5 Crore Demand Notices To BSE, NSE In Karvy Case

Capital markets regulator SEBI on Wednesday sent notices to stock exchanges BSE and NSE asking them to pay over Rs 5 crore in a case related to Karvy Stock Broking Ltd (KSBL) and warned of attachment of assets and bank accounts if they fail to make the payment within 15 days.