Del. HC: Denying Seat to Candidate Due to Administrative Fault Would be Unjust || All. HC: Not Mandatory for Passport Authority to Impound Passport of Accused Persons || Raj. HC: In Absence of Statutory Rules, Denying Appt. on Basis of Minimum Height is Discriminatory || MP HC: Party Required to Lay Factual Foundation for Getting Benefit of Section 65 of Evidence Act || Ker. HC: Settlement of Cases Including Offence of Rape & POCSO Act Offences is Not Permissible || Gujarat High Court: Wife Allowed to Become Guardian & Manager of Husband in Coma || SC: Partition of Property Can’t be Done by Metes & Bounds in Chandigarh || SC Approves Requirement for Judicial Officers to be Converse With Local Language || Kerala High Court: Denial of Ordinary Leave Reduces Convict’s Chances of Rehabilitation || Delhi HC Issues Circular Regarding Pass-Overs or Adjournments in Bail, Parole Matters

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 :