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Sebi Mulls Broadening Credit Rating Agencies' Mandate
July 10, 2025
|Financial Express Chandigarh
SEBI ON WEDNESDAY proposed allowing credit ratings agencies (CRAs) to rate financial instruments regulated by other financial sector regulators, signaling them to consider products including unlisted securities.
The move, based on feedback received from the industry regarding the rating of such products, was announced by the regulator in a consultation paper.
According to current CRA Regulations, they will not carry out any activity other than rating of securities listed or proposed to be listed on a stock exchange recognized by the board.
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