Tag: Rbi Rates

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RBI may bar dual functions of rating agencies

New Delhi: The Reserve Bank of India may disallow credit rating agencies from the dual role of being advisor-cum-rating agencies for companies. The move aims to prevent such entities from making biased assessments about the financial condition of their clients and restrict conflict of interest that may seep in. Official sources said that the banking […]

  • Monday, 03 May 2021
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