Financial LiteracyInvestmentMoneySebiOctober 10, 2022by Monika Halan1A robust credit rating system is key for India

A recent Sebi decision to scrap Brickwork Ratings’ licence has sent a strong message. Now, courts must consider carefully the issue of investor protection as many funds rely on rating agencies to deploy the household savings of citizens.

The market regulator, Sebi, cancelled the licence of Brickwork Ratings because of poor stability in ratings, failure to exercise due diligence and no effort to address the issue of conflict of interest (Shutterstock)


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One comment


    June 13, 2023 at 12:47 pm

    Itís difficult to find experienced people for this topic, but you seem like you know what youíre talking about! Thanks


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