Sebi seeks information on companies with high ratings via 'support structures'

Sebi has asked credit rating agencies to share information on all corporates whose ratings are propped up with promoter or parent guarantees and pledge of shares. The capital market regulator has also sought details on companies which have been refusing, often for years, to share data with rating firms.

from Banking/Finance-Industry-Economic Times https://ift.tt/xBEnGcg