Current Affairs

GK MCQs Section

Credit rating agencies

Crisil upgraded credit outlook of India Inc to Positive

Crisil Ratings have upgraded credit outlook of India Inc to positive. It is a broad-based recovery for India Inc currently. Key Points Earlier India Inc’s credit outlook was...

August 19, 2021

SEBI introduces ‘Expected loss-based’ rating scale

Security Exchange Board of India (SEBI) has introduced a new framework for “expected loss-based rating scale”. Highlights Under the new framework, credit rating agencies are required to provide...

July 17, 2021

Average income of MGNREGA workers got doubled during lock-down: CRISIL

Indian credit rating agency CRISIL has said according to its report, the average income of MGNREGA workers has doubled in the time period of the COVID-19 outbreak lockdown...

August 26, 2020

Bank of Baroda signs MoU with Care Ratings to assess SMEs’ credit quality

Indian Public sector bank, Bank of Baroda recently signed an MoU with Indian credit rating agency, Care Ratings. The pact aims to assess credit quality of the small...

February 2, 2020

SEBI tightens Disclosure Norms for Rating Agencies

The Securities and Exchange Board of India (SEBI) has introduced a strict disclosure framework for credit rating agencies (CRAs). New Norms CRAs must disclose a probability of default...

June 14, 2019

RBI to create Specialised Supervisory and Regulatory Cadre

The Reserve Bank of India has decided to create a specialised supervisory and regulatory cadre for strengthening the supervision and regulation of commercial banks, urban cooperative banks and...

May 22, 2019

SEBI tightens disclosure and review norms for credit rating agencies

Securities and Exchange Board of India (SEBI) has tightened disclosure standards for credit rating agencies (CRAs) while assigning ratings to debt instruments. It has ordered CRAs to analyse...

November 13, 2018

Moody’s Investors Service upgrades India’s sovereign ratings

International rating agency Moody’s Investors Service has recently upgraded the Government of India (GoI)’s local and foreign currency issuer ratings to Baa2 from its lowest investment grade (Baa3)...

November 17, 2017

Moody’s slashed India’s Growth projections to 5.5%

Moody’s Analytics slashed India’s growth projections to 5.5 % for the fiscal year 2012-13. It attributed the cut to inaction by government and poor monsoon. Prior to this,...

August 23, 2012

Moody’s rates India’s sovereign credit outlook stable

Global Rating Agency, Moody’s Investment Services has kept India’s sovereign credit outlook stable. As per the agency a slowdown in growth and investment is expected to be transitory....

June 28, 2012

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