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    <title>Enhanced Standards for Credit Rating Agencies (CRAs) - Clarifications</title>
    <link>https://www.taxtmi.com/circulars?id=57909</link>
    <description>SEBI clarifies that CRAs may omit certain instrument details in standardized press releases (interest rates for bank loans, maturities for working capital, tranche specifics for frequently reissued money market instruments while providing duration ranges), and that rating outlooks need not be assigned to short term ratings, low category ratings, ratings on watch, securitization pools, or mutual fund scheme ratings subject to monthly surveillance. The circular prescribes the &quot;ISSUER NOT COOPERATING*&quot; suffix and explains permitted withdrawal procedures for non transferable bank loans and open ended mutual funds, including required requests, bank no objection, assignment of a rating on withdrawal, and issuance of the prescribed press release stating reasons.</description>
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    <pubDate>Fri, 31 Mar 2017 00:00:00 +0530</pubDate>
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      <title>Enhanced Standards for Credit Rating Agencies (CRAs) - Clarifications</title>
      <link>https://www.taxtmi.com/circulars?id=57909</link>
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      <pubDate>Fri, 31 Mar 2017 00:00:00 +0530</pubDate>
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