CRAs need to maintain additional net worth: SebiSecurities and Exchange Board of India (Sebi) mandates credit rating agencies (CRAs) to maintain additional net worth for rating instrument...
Sebi may allow CRAs to rate unlisted securitiesSEBI has proposed allowing credit rating agencies (CRAs) to rate financial products regulated by other financial sector regulators, even wi...
Sebi mulls allowing CRAs to rate instruments outside its regulatory purviewMarkets watchdog Sebi on Wednesday proposed permitting credit rating agencies (CRAs) to undertake the rating of financial instruments that ...
Credit rating firms seek govt intervention over regulatory void on ₹1 L cr unlisted debtCredit rating agencies are seeking clarity from the corporate affairs and finance ministries regarding the rating of over ₹1 lakh crore in ...
Sebi asks CRAs to verify issuers' funds availability, escrow payments in certain casesThese additional guidelines have been introduced to address scenarios of non-payment of debt (principal or interest) caused by factors beyo...
Can a collaborative approach break the credit rating impasse?The GSDR report sheds light on ongoing discussions with Credit Rating Agencies (CRAs) regarding their approach to various debt restructurin...
Banks open to exploring a pact on sharing default info with rating firmsFor the first time, leading banks have said they are willing to explore an arrangement for sharing some information on corporate defaults w...
Sebi rolls out framework for credit rating agenciesThese disclosures are unsupported ratings without factoring in the explicit credit enhancement or specified support considerations and supp...
Sebi asks rating companies for policy on non-rating unitsSuch disclosures need to be updated by the CRA on the first working day of each month. The disclosure should include a reference to the dat...
Sebi enhances disclosure norms for rating companiesThe regulator has mandated CRAs to frame detailed guidelines on what constitutes non-cooperation by issuers, which includes non-submission ...
Sebi introduces expected loss-based rating scale for rating agenciesThe new scale will be used by the credit rating agencies for ratings of projects or instruments associated with infrastructure sector to be...
Coronavirus outbreak: Sebi relaxes guidelines for default recognition by rating agenciesThe markets regulator said it felt a need for temporary relaxations in compliance by CRAs in view of the developments arising due to Covid-...
View: Why it is high time to review credit rating agencies regulationCredit ratings are driven mainly by directives from the Basel-3-based regulations, rather than customer need. That is a primary cause of th...
Rating agencies play critical role in providing stability to financial sector: RBI GovernorCRAs have off late come under criticism for failing to timely identify the stressed assets of IL&FS, which saw a series of defaults in loan...
Sebi issues tighter norms for credit rating agenciesPress release of credit rating agencies would now include a specific section on “liquidity”.
- Infra, robust economy to boost credit-rating biz in 10 yrs: SEBI
SEBI has said credit rating agencies are likely to witness surge in coming decade on economic growth & large investments.
- Finmin panel for overhaul of rating cos
Credit rating agencies (CRAs) may come under the ambit of RBI and Insurance Regulatory and Development Authority (Irda) if proposals from a...