SEBI amended regulation 28B(1)(d)(i) of the Securities and Exchange Board of India (Credit Rating...

SEBI amended regulation 28B(1)(d)(i) of the Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999, redefining "liquid asset" as a low-risk asset like cash, units of overnight/liquid mutual funds, fixed deposits, government securities, treasury bills, repo on government/corporate bonds that can be easily converted to cash in a short time. .....

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