SEBI amended regulation 28B(1)(d)(i) of the Securities and ...
SEBI redefined "liquid asset" for Credit Rating Agencies to include low-risk assets easily convertible to cash.
July 12, 2024
Notifications SEBI
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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