All HC: Municipal Corp. to Ensure Availability of Clean Drinking Water to Residents of Lucknow || Bom. HC: Bail Granted to Accused Who Wasn’t Produced Before Court on Seventy Previous Dates || Delhi HC Seeks Explan. from Legal Services Committee on Failure to Assist Litigant Despite Requests || Hemant Soren, Former CM of Jharkhand Moves SC After HC Dismissed Challenge to His Arrest by ED || CESTAT: No Provision in Cenvat Credit Rules to Allow Cash Refund of Cess in Cenvat Credit Balance || Delhi High Court: Parents to Bear Cost of Air Conditioning Services in Schools || Ker. HC: Declining a Rape Victim to Terminate Pregnancy Violates Right to Live With Dignity || SC: Can’t Apply Section 498A IPC Mechanically in All Cases of Ill-Treatment by Husband || SC: To Summon Person u/s 319 CrPC as Additional Accused, Stronger Evidence is Needed || SC: Trial Judges Should Take Participatory Role in Trial & Not Act as Mere Tape Recorders

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 :