Sebi Wants Rat­ing Cut for De­lay in Dues

The Economic Times - - Front Page -

Bor­row­ers who rou­tinely de­lay re­pay­ment of monthly loan in­stal­ments will find it dif­fi­cult to do so as mar­ket reg­u­la­tor Sebi has asked rat­ing com­pa­nies to down­grade a com­pany to ‘junk’ if it misses its loan re­pay­ment.

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