Full disclosure: on the credit rating industry

Full disclosure: on the credit rating industry News: SEBI has tightened disclosure norms for credit rating agencies after they failed to warn investors in time about the deteriorating credit profile of Infrastructure Leasing and Financial Services Ltd (IL&FS). Important Facts: SEBI Guidelines: The credit rating agencies will have to inform investors about the liquidity situation… Continue reading Full disclosure: on the credit rating industry

After IL&FS, SEBI tightens norms for raters

After IL&FS, SEBI tightens norms for raters News: SEBI has tightened disclosure norms for credit rating agencies after they failed to warn investors in time about the deteriorating credit profile of Infrastructure Leasing and Financial Services Ltd (IL&FS). Important Facts: SEBI Guidelines: The credit rating agencies (CRAs) will now have to take into account various… Continue reading After IL&FS, SEBI tightens norms for raters

Opinion | A much-needed revamp for rating agencies

Opinion | A much-needed revamp for rating agencies Article: The article discusses the issues with credit rating agencies in the backdrop of the recent IL&FS crisis Important Analysis Credit ratings and Credit Rating agencies Credit ratings provide retail and institutional investors with information that assists them in determining whether issuers of bonds and other debt… Continue reading Opinion | A much-needed revamp for rating agencies