The Karvy Group is a premier and leading integrated financial services company. Karvy services over 67 million investors in various capacities, and provides investor services to over 400 corporates. It has a network of 400+ branch offices across India, Dubai, New York, Singapore and over 500 franchisees across India.
The Karvy Group also covers the entire spectrum of financial services such as Stock broking, Depository Participants, distribution of financial products (mutual funds, bonds, fixed deposit, and equities), Insurance Repository, Commodities Broking, Personal Finance Advisory Services, Merchant Banking & Corporate Finance, Wealth Management, NBFC, and Placement of equity, IPOs, apart from Registry business. Such diversified offerings allows for scale, stability, and agile solutions for the financial markets. Karvy is focused on understanding its customer needs which helps in customizing/offering solutions which are best suited for clients.
Key Highlights
- The total wealth held by individuals in India has grown by 8.9% to Rs 280 Lakh Crore Individual Wealth in Financial Assets grew by 19% while Physical assets de-grew by 2.3%.
- The individual wealth in Financial Assets has increased from Rs 134.7 Lakh ... (more)
KARVY Private Wealth, the wealth management arm of KARVY Group, a leading financial-services conglomerate, today announced the appointment of Mr. Abhijit Bhave as the Chief Executive Officer (CEO) of the company. In his current role as CEO, Abhijit is responsible for the company’s business in... (more)
Comments by Mr. Kaushik Dani, Fund Manager- PMS, Karvy Stock Broking on ‘Repo rate cut of 25 bps by the RBI’
“Repo rate cut of 25 bps by the RBI was in line with expectations. Lowering of rate seems fair as sluggish exports and subdued credit demand could restrain the over... (more)