In November 2018, after the IL&FS crisis triggered a debate on overnight downgrade of highly rated paper to junk, SEBI had tightened the norms for credit rating agencies and asked them to track the.
India’s market regulator on thursday ordered enhanced disclosure norms for credit rating agencies in an effort to increase transparency as the country reels under a slew of rating downgrades and.
Ltd has sold its entire holding of Jindal Steel and Power Ltd (jspl) debt securities at a loss after the company had its ratings downgraded by credit assessor. months after a default on interest.
7 things to watch as tax bill heads for the finish line What if the Eagles did end up trading for Larry Fitzgerald back in 2008? – Every time you turn on a Cardinals game, you are almost certain to see him line up at the top or. been an interesting.
In November 2018, after the IL&FS crisis triggered a debate on overnight downgrade of highly rated paper to junk, SEBI had tightened the norms for credit rating agencies and asked them to track.
Sebi to tighten disclosure norms for rating agencies PTI | Updated: Apr 17, 2016, 16:32 IST This is perhaps the first time that two top functionaries of a regulatory entity have come under CBI.
Regulator Sebi to tighten disclosure norms for rating agencies Concerned over severe spill-over impact of recent drastic downgrades by rating agencies, market regulator Sebi plans to strengthen its disclosure guidelines for issuance and review of the ratings by such entities.
HDFC disburses Rs 2,300 cr as subsidy under PMAY The country’s largest mortgage lender HDFC Ltd May 29 said it has disbursed subsidy of more than Rs 2,300 crore under the government’s flagship housing scheme PMAY, benefiting over one lakh first.
The capital market regulator’s new debt disclosure norms that kick in from October 1 are a double-edged sword. It requires listed companies to disclose their loan defaults, which would instil credit discipline among borrowers. Non-payment of interest to banks by a day could lead to downgrade in a company’s rating.
Sebi to tighten disclosure rules for credit rating agencies Business Standard : May 30, 2016 Mumbai: To safeguard investors’ interest, capital markets regulator Securities and Exchange Board of India (Sebi) might soon ask credit rating agencies (CRAs) to make greater disclosure about suspension and subsequent withdrawal of ratings, and periodic.
UPDATE 1-India’s markets regulator tightens rules for credit rating agencies. SEBI said in cases where a debt issuer did not co-operate with an agency by withholding information or not paying fees, the agency would continue to rate the instrument based on the best available information and disclose the situation.
Concerned over severe spill-over impact of recent drastic downgrades by rating agencies, market regulator Sebi plans to strengthen its disclosure guidelines for issuance and review of the ratings by such entities. Besides, Sebi is also considering asking the Credit Rating Agencies (CRAs) to hive off their activities involving rating of instruments other than securities, as they do not fall under Sebi’s jurisdiction, a senior official said.