HYDERABAD: A day after Nampally Criminal Court granted custodial interrogation of Karvy Stock Broking Ltd (KSBL) chairman and MD C Parthasarathy, Hyderabad Central Crime Station (CCS) police on Wednesday took him into custody. Parthasarathy will be in police custody for two days.
As chairman, Parthasarathy is the prime accused for defaulting on bank loans taken in the name of KSBL as well as raising loans against securities of his clients without their consent.
Till now, four banks have lodged police complaints against KSBL in Hyderabad and Cyberabad commissionerates.
