Economic TimesLean R·
Sebi unveils six-tier credit risk-o-meter for debt securities
Mumbai: The Securities and Exchange Board of India Wednesday introduced a mandatory colour coded credit risk-o-meter for debt securities in a move aimed at making credit risk easier for potential investors.The meter will translate Sebi's existing credit rating framework into six colour-coded risk categories, ranging from "lowest credit risk" for AAA-rated securities to "high to very high risk of default" for securities rated B+ to D. The categories in between include very low, low, moderate cre…
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