RBI Governor, team meet heads of ratings agencies

The central bank said Das met managing directors and CEOs of credit rating agencies.

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The talks also included major factors that affect credit ratings in the current context, and feedback on ways to further strengthen the rating processes and engagement with key stakeholders.
Mumbai: The Reserve Bank of India (RBI) said on Thursday its Governor Shaktikanta Das held a meeting with the credit rating agencies to take stock of the current situation.

The central bank said Das met managing directors and CEOs of credit rating agencies through a video conference, and the meeting was attended by deputy governors as well as other senior RBI officers.

The discussion revolved around credit rating agencies’ assessment of the macroeconomic situation and outlook on various sectors including the financial sector, and the perspectives on the overall financial health of the entities rated by them.


The talks also included major factors that affect credit ratings in the current context, and feedback on ways to further strengthen the rating processes and engagement with key stakeholders.
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