https://www.taxtmi.com/news?id=12759 Growing NPAs reflect both economic slowdown and failures in banks' credit appraisal, monitoring and recovery; banks must strengthen internal rating frameworks while using external credit ratings only as complementary inputs. SEBI regulation and RBI accreditation under the Basel framework govern CRAs, assessing Objectivity, Independence, Transparency, Disclosure, Resources and Credibility; RBI mandates a uniform definition of default for bank loan ratings and prescribes uniform risk-weight mappings. Accountability concerns-including conflicts under the issuer-pay model-require disclosure of fee arrangements and closer integration of CRA information with banks' internal models. en-us Mon, 02 Jun 2014 14:07:40 +0530 Mon, 02 Jun 2014 14:07:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12759 Growing NPAs reflect both economic slowdown and failures in banks' credit appraisal, monitoring and recovery; banks must strengthen internal rating frameworks while using external credit ratings only as complementary inputs. SEBI regulation and RBI accreditation under the Basel framework govern CRAs, assessing Objectivity, Independence, Transparency, Disclosure, Resources and Credibility; RBI mandates a uniform definition of default for bank loan ratings and prescribes uniform risk-weight mappings. Accountability concerns-including conflicts under the issuer-pay model-require disclosure of fee arrangements and closer integration of CRA information with banks' internal models. News - Mon, 02 Jun 2014 14:07:40 +0530 https://www.taxtmi.com/news?id=12759