India market regulator allows rating agencies to collect clients’ debt data
India’s markets regulator on
Wednesday allowed credit rating agencies to obtain details of
clients’ existing and future debt, in a bid to help them
identify defaults in a timely way, amid a severe credit crunch
and a slowdown in the economy.
Wednesday allowed credit rating agencies to obtain details of
clients’ existing and future debt, in a bid to help them
identify defaults in a timely way, amid a severe credit crunch
and a slowdown in the economy.
Posted by Reuters