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SEBI Modifies Withdrawal Norms For Credit Rating Agencies

On Friday, the Securities and Exchange Board of India (SEBI) said that credit rating agencies (CRA) are required to issue INC (Issuer Not Co-operating) ratings for companies that do not co-operate with disclosure of loan defaults. "If an issuer has all ...

Should You Buy NPS From Paytm Money?

Now after the PFRDA has allowed Paytm Money to act as a POP or point of presence agent for NPS, here we look at the pros and cons of investing in the retirement product NPS via Paytm Money. Also, there are ...

BRICS bank to get going in 2 years; India to head for 6 years

India will have the Presidency of the BRICS' USD 100 billion New Development Bank for six years with headquarters in China that will become operational in about two years, a major step for reshaping the international financial system dominated by the ...

Sebi to do away with mandatory grading for IPOs

With rationale for IPO grading being questioned time and again, PMAC or Primary Markets Advisory Committee of SEBI has suggested scrapping of the existing mandate for IPO grading. To this effect, Securities and Exchange Board of India (Sebi) Chairman on the ...