J&K&L HC: Repeated Arrests U/S 107 Crpc After UAPA Bail Can be Fresh PSA Detention Grounds || Del HC: Arrest Memo Listing Only Reasons Cannot Substitute Person-Specific Grounds of Arrest || SC: Hostile Witness Testimony Can Support Acquittal as Well, Not Only Conviction || SC: Appointing Candidates on Contract Against Advertised Regular Posts is Patently Illegal || SC: Compensation For Industrial Land Cannot be Based on Residential Plot Sale Deeds || SC: Public Service Vehicles Without Trackers, Panic Buttons Can't Get Fitness Certificates || SC: Fixed Shares Paid to Association of Persons Members are Taxable as Income, Regardless of Profit || Supreme Court: Wife Pursuing Her Career Cannot be Deemed Cruelty For Hurting Her Husband || Supreme Court: Appeals Must Include Certified Copies of Orders, as E-Filing Alone is Insufficient || Supreme Court: Children Have a Fundamental Right to Receive Education in Their Mother Tongue

Eligible Credit Rating Agencies- Rating of Fixed Deposits by Infomerics Valuation and Rating Private Limited- (Reserve Bank of India) (14 Aug 2017)

MANU/RMIC/0115/2017

Banking

A reference is invited to para 9 of the Master Direction DNBR. PD.002/03.10.119/2016-17 dated August 25, 2016 on Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, wherein, the names of six approved Credit Rating Agencies and their minimum investment grade credit ratings have been listed. It has been decided that NBFCs can also use the ratings of Infomerics Valuation and Rating Private Limited (IVRPL) for the purpose of rating the fixed deposit portfolios of NBFCs with IVR BBB as the minimum investment grade credit rating.

Tags : RATING FIXED DEPOSITS

Share :