Sebi mulls tighter norms to ensure full disclosure on loan defaults with rating agencies
NEW DELHI: Amid concerns over banks citing ‘client confidentiality’ to resist sharing of information on delayed loan repayments and possible defaults by their borrowers, capital market regulator Securities and Exchange Board of India (SEBI) is planning to tighten its norms to make it mandatory for companies to provide these details to credit rating agencies. Amid […]