Hyderabad Police Arrests Karvy Chairman For Defaulting Bank Loan

On Thursday morning, police took Parthasarathy into their custody from his house and took him to the CCS office, and there he was arrested. Hyderabad police’s detective department, on Thursday, has arrested C Parthasarathy, Chairman, Karvy Stock Broking Ltd allegedly defaulting on the loan taken from IndusInd Bank.  Avinash Mohanty, Joint Commissioner of Police (CCS) told a leading media house that Parthasarathy and other accused in this loan default case allegedly pledged the shares of their customers to take loans. After that, all the accused in the same case transferred…

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