DCB Bank Limited - Clarification With Reference To Recent Media Report(S) Related To Karvy Stock Broking Limited
25 Nov 2019
This refers to recent news articles related to Karvy Stock Broking Limited. We would like to inform that as of now we have non-funded exposure of Rs.30 crores in the form of bank guarantees issued on their behalf. The bank guarantees are secured by 50% cash margin in the form of term deposits.
Source:
BSE India