SEBI’s ban on Brickwork Ratings – A blessing for industry!
“The latest order is a wake-up call for improving the governance standards in assessing companies’ creditworthiness,” said K Ravichandran, chief ratings officer, ICRA Ratings. “This will help the capital markets. Every rating company will tighten or has already tightened the standards on compliance. That will boost the confidence of overseas investors in local capital markets.”
