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SEBI tightens norms for provisional rating by credit rating agencies

SEBI tightens norms for provisional rating by credit rating agencies PTI The Securities and Exchange Board of India (SEBI) has strengthened the regulations for provisional rating for debt instruments by credit rating agencies. As per the new norms, all provisional ratings for debt instruments shall be prefixed as Provisional before the rating symbol in all communications including rating letter, press release or rating rationale among others. A rating shall be considered as provisional, and not...
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