https://www.taxtmi.com/circulars?id=60302 SEBI permits bank guarantees from banks rated by reputed foreign credit rating agencies to qualify as member liquid assets, modifying Clause 4(V)(A)(b) so that exposure limits on the trade guarantee fund and total liquid assets apply where a bank is not rated P1 (or P1+) or equivalent by either a domestic recognised credit rating agency or by a reputed foreign credit rating agency. en-us Fri, 06 Feb 2004 00:00:00 +0530 Sat, 23 Mar 2019 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60302 SEBI permits bank guarantees from banks rated by reputed foreign credit rating agencies to qualify as member liquid assets, modifying Clause 4(V)(A)(b) so that exposure limits on the trade guarantee fund and total liquid assets apply where a bank is not rated P1 (or P1+) or equivalent by either a domestic recognised credit rating agency or by a reputed foreign credit rating agency. Circulars SEBI Fri, 06 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60302