Start learning 50% faster. Sign in now
The Securities and Exchange Board of India (SEBI) has issued a framework for dealing with suspension, cancellation or surrendering of license of credit rating agencies (CRAs) to ensure orderly migration of the ratings.The regulator has directed CRAs to disclose prominently on their website of SEBI’s order on suspension or cancellation. Further,they should allow their clients to withdraw any assignment given to the CRA, without any additional cost. Also, not take any new clients or fresh mandates. However, in case of suspension of certificate, the credit ratings assigned by the CRA shall not be valid during the period of suspension. SEBI Headquarters: Mumbai Chairman: Madhabi Puri Buch A credit rating agency is a company that reviews the creditworthiness of an entity that is in the process of or has already issued debt. The resulting credit ratings are used by investors to evaluate whether they should invest in debt securities.
NPCI sets_____ as a deadline to activate offline payments on RuPay cards.
Which of the following statements is correct regarding the cyanide sensor developed by researchers at the Central University of Kerala?
Tel Aviv University, Israel has developed an aerogel adsorbent that can remove trace pollutants from wastewater that removes over 76 per cent of trace p...
Which of the following settlement cycle means that trade-related settlements must be done within a day, or 24 hours, of the completion of a transaction?
What is the primary goal of establishing new testing laboratories for cotton and textiles in India?
Which of the following is a significant challenge mentioned for cities under SBM Urban 2.0?
Which firm has become India’s first artificial intelligence (AI) unicorn, and how much funding did it secure in its recent funding round?
Recently which Group has announced to launched the country’s first integrated green energy storage project?
What is the main focus of the National Efficient Cooking Programme (NECP) launched by Energy Efficiency Services Limited (EESL)?
Who has won the BBC Sports Personality of the Year 2021 Award?