Sebi asks NSDL, CDSL & DPs to pay Rs 116 cr

The Securities and Exchange Board of India on Tuesday directed the two depositories — NSDL and CDSL — and eight other depository participants (DPs) like Karvy, HDFC Bank, ING Vysya and IDBI Bank to pay up around Rs 116 crore as compensation to retail investors who suffered an opportunity loss in the IPO scam that came to light last year.

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