IL&FS Current Affairs, GK & News
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 (PD) benchmark for the companies rated by them. CRAs must also disclose sensitive factors which can potentially impact the rating of the instruments which include financials and ..
The Reserve Bank of India’s (RBI’s) Central Board has decided to create a ‘Specialised Supervisory and Regulatory Cadre’ within the RBI. Key Highlights About: The decision to create a Specialised Supervisory and Regulatory Cadre within the RBI was taken at the recent two-day meeting of Reserve Bank of India’s (RBI’s) Central Board which was held ..
Month: Current Affairs - May, 2019
Category: Economy & Banking Current Affairs
Topics: IL&FS • Medium Term Strategy Document • NBFC • Non-Banking Financial Companies • RBI Governor • RBI’s Central Board Meeting • RBI’s Mission and Vision Statements • Reserve Bank of India • Shaktikanta Das • Specialised Supervisory and Regulatory Cadre
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 deterioration in liquidity conditions of issuer, while monitoring its repayment schedules and taking into account any asset-liability mismatches. Credit Rating Agency It is organization that gives rating ..