Day: July 19, 2021

SEBI introduces Expected Loss based Scale by Credit Rating Agencies

SEBI introduces Expected Loss based Scale by Credit Rating Agencies Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/594 July 16, 2021 To,All Credit Rating Agencies (CRAs) registered with SEBI Dear Madam / Sir, Sub: Introduction of Expected Loss (EL) based Rating Scale and Standardisation of Rating Scales Used …