https://www.taxtmi.com/highlights?id=84730 SEBI modified timelines in Master Circular for Credit Rating Agencies (CRAs) to promote ease of doing business. Key changes are publication of press release within 7 working days of rating action, conducting rating review within 2 working days of receipt of delayed payment statement, tagging ratings as INC within 5 working days of 3 consecutive non-submission of no-default statements, following up with issuer within 2 working days if no confirmation received from debenture trustee on debt servicing. The circular is effective immediately under SEBI Act, 1992 and CRA Regulations. en-us Thu, 09 Jan 2025 13:24:16 +0530 Thu, 09 Jan 2025 13:24:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=84730 SEBI modified timelines in Master Circular for Credit Rating Agencies (CRAs) to promote ease of doing business. Key changes are publication of press release within 7 working days of rating action, conducting rating review within 2 working days of receipt of delayed payment statement, tagging ratings as INC within 5 working days of 3 consecutive non-submission of no-default statements, following up with issuer within 2 working days if no confirmation received from debenture trustee on debt servicing. The circular is effective immediately under SEBI Act, 1992 and CRA Regulations. Highlights SEBI Thu, 09 Jan 2025 13:24:16 +0530 https://www.taxtmi.com/highlights?id=84730