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business sebi s big ask baffles credit rating agencies

Sebi's Big Ask Baffles Credit Rating Agencies

11hrs 46mins   👁 7

SEBI is pushing credit rating agencies to increase their oversight of companies seeking equity funding, aiming to prevent misuse of funds and deter dubious firms. The regulator wants CRAs to assess the justification for equity offerings and scrutinize fund utilization beyond standard audits.

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