RBI permits banks to use ratings of Brickwork Ratings subject to conditionsThe Reserve Bank of India (RBI) has lifted restrictions on banks using ratings from Brickwork Ratings India Private Limited, two years afte...
10 Jul, 2024, 07.47 PM IST
Pushed to (Brick) wall, bond investors dial SebiInvestors have taken up the matter with Sebi citing uncertainty surrounding the matter following the market regulator's decision in October...
23 Oct, 2023, 06.45 AM IST
SAT quashes SEBI order cancelling Brickwork Ratings' licenceThe Securities Appellate Tribunal (SAT), which hears appeals against orders passed by SEBI, said violations by Brickwork Ratings "were not ...
06 Jun, 2023, 08.50 PM IST
Brickwork founder says Sebi penalty is disproportionateThe regulator had directed Brickwork Ratings to wind down its operations within six months and also barred it from adding any new clients f...
04 Nov, 2022, 11.11 AM IST
SAT grants interim relief to Brickwork RatingsThe punitive regulatory action came after Sebi observed the credit rating agency failed to follow the proper rating process and exercise du...
15 Oct, 2022, 08.30 AM IST
Sebi issues guidelines for credit rating agenciesIt will also have to communicate the same to its clients within 15 days of the order or the request. It should not take any fresh mandates ...
14 Oct, 2022, 06.21 AM IST
RBI warns lenders against getting ratings from BrickworkThe instructions regarding the prudential treatment of the existing ratings issued by the rating agency shall be advised separately,” RBI s...
13 Oct, 2022, 06.57 AM IST
Sebi ban on Brickwork likely to help lift governance standards, may even lower ‘rating shopping’ by cos"The latest order is a wake-up call for improving the governance standards in assessing companies' creditworthiness," said K Ravichandran, ...
11 Oct, 2022, 09.28 AM IST
Sebi cancels licence of Brickwork ratings for 'multiple lapses'Sebi's inspection also found that Brickwork Ratings failed to comply with timelines prescribed in its internal operational manual in more t...
07 Oct, 2022, 06.07 AM IST
Sebi orders Brickwork Ratings to shut down within 6 monthsIn a rare order, the SEBI cancelled the certificate of registration of Brickwork Ratings and prevented it from taking on any new business, ...
06 Oct, 2022, 06.43 PM IST
Sebi rejects Brickwork's settlement applicationThe Securities and Exchange Board of India (Sebi) has rejected the settlement application of Brickwork Ratings India for allegedly violatin...
13 Oct, 2021, 12.07 PM IST
Sebi issues notice to Brickwork Ratings India over lapsesRating company asked to explain why its licence should not be cancelled.
30 Apr, 2021, 07.35 AM IST
Unfair business practices plaint against 4 rating companies dismissedThe Competition Commission of India (CCI) on Tuesday dismissed a complaint alleging that CRISIL, India Ratings and Research, CARE Ratings a...
30 Dec, 2020, 07.44 AM IST
Sebi slaps Rs 1 cr fine on Brickwork RatingsAccording to Sebi, Brickwork Ratings in spite of various negative signals did not act timely to seek information and waited for receipt of ...
29 Sep, 2020, 09.07 PM IST
Top-grade credit ratings drop to over 10-year lowA total of 50 corporate debt securities got the top investment grade credit ratings in the first four months of the current fiscal -- the l...
08 Sep, 2013, 11.59 AM IST
- RBI approves Brickwork Ratings as eligible Credit Rating Agency for bank loans
The Reserve Bank has approved Brickwork Ratings as an eligible Credit Rating Agency (CRA) for bank loans/facilities.
16 Apr, 2012, 04.49 PM IST
- EPFO to use Brickwork credit ratings for fund investment
EPFO has decided to use ratings of securities and bonds by credit rating firm Brickwork Rating India Pvt Ltd for investing its funds.
27 Mar, 2011, 05.43 PM IST