Q3. Securities and Exchange Board of India has released a consultation paper and sought feedback on a new set of rules to improve market efficiency and enhance the governance, accountability and functioning of credit rating agencies.What could be the possible impact of the new rules on credit rating services in India? Discuss. (GS 3)

Q3. Securities and Exchange Board of India has released a consultation paper and sought feedback on a new set of rules to improve market efficiency and enhance the governance, accountability and functioning of credit rating agencies.What could be the possible impact of the new rules on credit rating services in India? Discuss. (GS 3)

 

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