Credit rating agencies are asked not to consider debt restructured as a result of Covid-19 related stress as a default event.
September 6, 2020Mutual funds should value money market and debt securities using the waterfall approach on the basis of traded yields, SEBI said in a circular.
October 1, 2019The move follows a spate of defaults in India where credit rating agencies were blamed for being unable to flag potential credit risks.
August 23, 2019Enhanced disclosure guidelines will require rating agencies to disclose default probabilities, factors that can impact ratings, and issuers' liquidity positions.
June 17, 2019