Sunday, December 29, 2019

RBI blasts CRAs for allowing #39;rating shopping#39; to large borrowers

RBI blasts CRAs for allowing #39;rating shopping#39; to large borrowers Back home, a fortnight before ILFS went belly up in September 2018, rating agencies India Ratings, Icra and Care had given its debt papers AAA/AA ratings.

from Moneycontrol Business News https://ift.tt/2SATiU4

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Adani Group stocks slide up to 14% on US SEC heat

Adani Group stocks saw a sharp decline on Friday. This followed news that the US SEC is seeking court permission to email summons to founder...