CREDIT RATING AGENCY
Reporting ‘changes’ in debt mutual funds to rating agencies will increase transparency
As per Sebi's circular, the mutual fund houses will also have to state the reasons for such changes. The provision is applicable from November 6, the date of issuance of the circular.
Rating agency CEOs can’t be part of rating panel: Sebi
The nomination and remuneration committee will have to be chaired by an independent di...
MD & CEOs of CRAs shall not be members of rating committees: Sebi
The chief ratings officer has been asked to directly report to the ratings...
Sebi allows MFs to invest in unlisted NCDs
With regard to sector level exposure limits, Sebi has reduced such limits to 20 per cent from 25 per cent.
FSDC mulls upon revisiting laws to detect early signals of instability
The FSDC Sub-Committee discussed measures to promote interest and competition in stressed asset markets.
Sebi floats tighter norms for defaults disclosure with rating agencies
The new framework would enable credit rating agencies (CRAs) to get timely information on possible defaults.
S&P cites concerns WeWork won't be able to fund growth plan
S&P Global Ratings said Thursday that it is lowering the rating on the company to B-minus from B.
PSBs best for sustainable development; India, Russia, SA have anorexic loan portfolio: UNCTAD
Public banking should be given back its traditional, bigger role if the environmental and economic landscape is to be transformed by 2030, said the UNCTAD Trade and Development Report 2019 released here.
View: Why it is high time to review credit rating agencies regulation
Credit ratings are driven mainly by directives from the Basel-3-based regulations, rather than customer need. That is a primary cause of the repeated failures of the CRAs worldwide.
Regulator steps up pressure on Brickwork and CARE Ratings
CARE Ratings has asked its managing director and CEO Rajesh Mokashi to go on leave.
Sebi allows mutual funds to tie up with banks to rejig exposure
The regulator said the signing of ICA must be in the interest of investors and AMCs should take approval from their board and trustees.
Sebi mulls slew of reforms; tighter check on rating agencies, reward and hotline for informants
Sebi board on Wednesday may also take up issues relating to MFs & startup listing platform.
Care downgrades Vodafone Idea credit rating
The development comes within two days of another rating agency Crisil downgraded credit value of Vodafone Idea.
India stocks should see a rebound from Oct-Nov, says Jhunjhunwala
Talking about stocks and sectors, Jhunjhunwala says he is bullish on pharma sector.
Sebi mulls tighter norms to ensure full disclosure on loan defaults with rating agencies
Sebi is planning to tighten its norms to make it mandatory for companies to provide these details to credit rating agencies.
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