Definition of Credit Rating Agency clarifies rating, certificate, associate and change in control rules under SEBI regulations. Defines key terms for credit rating agencies under SEBI regulations: a credit rating agency is a body corporate rating listed or proposed securities; rating is an opinion in standard symbols used by issuers; certificate is registration granted by the Board; rating committee assigns ratings. It also defines associate, net-worth, group companies, relative and prescribes that undefined words adopt meanings from the Act and related statutes.
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Definition of Credit Rating Agency clarifies rating, certificate, associate and change in control rules under SEBI regulations.
Defines key terms for credit rating agencies under SEBI regulations: a credit rating agency is a body corporate rating listed or proposed securities; rating is an opinion in standard symbols used by issuers; certificate is registration granted by the Board; rating committee assigns ratings. It also defines associate, net-worth, group companies, relative and prescribes that undefined words adopt meanings from the Act and related statutes.
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