Master Circular for Credit Rating Agencies

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...., Municipal Debt Securities or Commercial Paper Recognized Stock Exchanges, All Depositories registered with SEBI Dear Sir / Madam, Subject: Master Circular for Credit Rating Agencies I. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 ("CRA Regulations") prescribes guidelines for registration of Credit Rating Agencies (CRAs), general obligations of CRAs, mann....

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....been done or taken under the rescinded circulars, prior to such rescission, shall be deemed to have been done or taken under the corresponding provisions of this Master Circular; b. any application made to the Board under the rescinded circulars, prior to such rescission, and pending before it shall be deemed to have been made under the corresponding provisions of these regulations; V. This cir....