Recognition of credit ratings given by reputed foreign credit rating agencies

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....b: Recognition of credit ratings given by reputed foreign credit rating agencies This circular is being issued in exercise of powers conferred by section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with section 10 of the Securities Contracts(regulation) Act 1956, to protect the interests of investors in securities and to promote the development of, and to regulate the sec....