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Every time a rating agency fails, its issuer-pays business model is called into question. But the analytical depth and quality of ratings have little to do with the drivers of revenue: it is about the integrity of leadership and corporate culture
Get latest articles and stories on Latest News at LatestLY. Sebi on Thursday barred former CARE Ratings MD and CEO Rajesh Mokashi from associating with any registered intermediary for two years in a case pertaining to interference in the rating process of the rating firm in instruments issued by Dewan Housing Finance Ltd (DHFL). Latest News | Sebi Bans CARE Ratings Ex-CEO Mokashi from Associating with Registered Intermediary for 2-yr.