UPDATE 1-India tightens disclosure rules for rating agencies after credit scare
12 Nov UPDATE 1-India tightens disclosure rules for rating agencies after credit scare
Posted at 15:12h
in
News
by KMFSLLP
India’s market regulator
tightened disclosure and review requirements for credit rating
agencies (CRAs) on Tuesday, after the firms failed to raise
timely red flags ahead of debt defaults by one of India’s top
shadow lenders.
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