INFOMERICS approved as credit rating agency for risk weighting by banks.
June 13, 2017
RBI
INFOMERICS approved as credit rating agency for banks risk weighting for capital adequacy claims purposes in addition to existing 6 domestic agencies-RBI Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) – Eligible Credit Rating Agencies – INFOMERICS Valuation and Rating Pvt Ltd. (INFOMERICS) …