RBI asks rating agencies to stop naming it as bank deposit regulator: What this means for depositors
· livemint.com
RBI has asked credit rating agencies to stop identifying it as the regulator for bank deposit ratings, according to a vreport. The move could create a compliance issue for rating agencies and affect how depositors assess bank credit risk.
The Reserve Bank of India (RBI) has asked credit rating agencies (CRAs) to refrain from identifying the central bank as the regulator of bank deposits in their ...