That Karvy scandal was pure cover drive gone wrong—they pledged client shares without permission and SEBI had to change rules to stop it. But for retirees like me living on dividends, it’s not about rules, macha; it’s about trust in the stockbroker turning into a yorker to the ribs. My FDs are now thicker than my old scorebook because I can’t afford another “technical fault” swallowing my only income.
#exams#study
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