E-PaperRating Agency News
What are Credit Rating Agencies & What They Do? Detangle With MINT Explains In 1 Minute
Fitch Ratings downgraded USA's credit rating from AAA to AA+. What does that mean and what effect does it have on any economy? What is the job of credit rating agencies? #fitchratings #credit #creditrating #fedreserve #joebiden #janetyellen #debt #debtceiling #moody #standardandpoors #bond #AAA #AA+
4 Aug 2023What are Credit Rating Agencies & What They Do? Detangle With MINT Explains In 1 Minute
Fitch Ratings downgraded USA's credit rating from AAA to AA+. What does that mean and what effect does it have on any economy? What is the job of credit rating agencies? #fitchratings #credit #creditrating #fedreserve #joebiden #janetyellen #debt #debtceiling #moody #standardandpoors #bond #AAA #AA+
2 Aug 2023Sebi wants ratings agencies to rate all issuers
The rating agencies believe failure to share information will increase due to covid-19The regulator wants the ratings to continue, since withdrawing them would leave investors with even less information
2 min read10 Jul 2020Rating agencies, borrowers show signs of discord over mistrust
Sebi has said if rating agencies feel that delays in repayment were solely due to the lockdown, they may not consider it as a defaultRating agencies are in a peculiar bind as they are expected to show leniency to firms defaulting on repayments
3 min read23 Apr 2020Credit rating agencies swing into action to avoid another IL&FS imbroglio
Yes Bank is the lead banker in nearly 67% of all infrastructure projects where IL&FS has banking relationshipsSebi had earlier pulled up rating companies for failing to warn bond investors in time about the scam at IL&FS
2 min read13 Mar 2020India gets Moody’s jolt, outlook cut to negative
Govt claims growth potential unchanged as Moody’s says slump structuralMoody’s said India’s potential economic growth remains constrained unless reforms are advanced
3 min read8 Nov 2019New framework for easier access to data on defaults in works
The framework will seek to bridge the gap in default rates disclosed by rating firms and those available on RBI’s repositoryRBI has initiated an inspection of credit information companies to assess the quality of information
3 min read18 Sep 2019Credit rating agencies face the prospect of further downgrades
Crisil’s rating division grew 2% year-on-year. Icra’s rating revenues fell 8%, while CARE Ratings’ fell 21%Much of the tight liquidity conditions and sluggish issuances may continue to persist
1 min read22 Aug 2019Sebi mulls tighter norms to ensure full disclosure on loan defaults with rating
The move is aimed at helping the rating agencies get timely information about the rated entity's financial strengthThe proposal is likely to be presented for approval by Sebi's board at its meeting later this month
2 min read6 Aug 2019IL&FS way: If you can't change the rating, change the agency
The report noted that ICRA's decision was 'not agreeable' to then IFIN MD and CEO Ramesh BawaThe e-mail trail suggests that the key employees of IL&FS used to approach other rating agencies if they did not get the desired ratings, the audit report noted
2 min read21 Jul 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared