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Monday, March 18, 2019

Reserve Bank of India raises concern over role of ‘rating advisers’

Rating agencies have come under the glare after IL&FS bonds were downgraded from ‘triple-A’ (or, highest rating) to ‘D’ (or, default grade) in just 40 days.

from Banking/Finance-Industry-Economic Times https://ift.tt/2VZjshQ

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