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Karvy Group

India

Founded in

1981 (45 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Company Information

Get to know Karvy Group

Company Information

Get to know Karvy Group

Founded in 1983, Karvy Group grew to become one of India's largest and most diversified financial services companies. Headquartered in Hyderabad, the group provided a vast array of services, with its flagship business being Karvy Stock Broking Ltd. (KSBL). Its operations spanned retail and institutional stock broking, depository participant services, wealth management, investment banking, and registrar and transfer agent services. At its peak, it served millions of retail investors. However, in 2019, the group was embroiled in a massive scandal involving the illegal pledging of client securities, which led to severe regulatory action, the cancellation of its broking license, and the eventual dismantling of the group.

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