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Standardisation of Ratings Scales Used by credit rating agencies - Extension of timeline for implementation

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Full Text of the Document

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....of Ratings Scales Used by credit rating agencies - Extension of timeline for implementation 1. In order to standardise the usage of rating scales, SEBI vide circular no. SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/594 dated July 16, 2021 advised the credit rating agencies to either align their rating scales with the rating scales prescribed under the guidelines of respective financial sector regulator....

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