<h1>SEBI Enforces Code of Conduct and Transparency for Six Registered Credit Rating Agencies in India.</h1> Six credit rating agencies are registered with the Securities and Exchange Board of India (SEBI), including CRISIL, Fitch Ratings India, and ICRA. SEBI's regulations require these agencies to adhere to a Code of Conduct, ensuring due diligence and independent judgment. They must undergo biannual internal audits covering operations, investor grievances, and compliance with securities laws. The Board of Directors must address audit findings and report actions to SEBI. Transparency and disclosure requirements are mandated, including rating procedures and conflict of interest measures. SEBI has standardized rating symbols and definitions for uniformity. This information was provided by the Minister of State for Finance in response to a Lok Sabha query.