Page 242 - DMGT512_FINANCIAL_INSTITUTIONS_AND_SERVICES
P. 242
Mahesh Kumar Sarva, Lovely Professional University
Unit 17: Credit Rating
Unit 17: Credit Rating Notes
CONTENTS
Objectives
Introduction
17.1 Regulatory Framework
17.1.1 Conditions of Certificate and Validity Period
17.1.2 Renewal of Certificate
17.1.3 Effect of Refusal to Grant Certificate
17.1.4 Code of Conduct
17.1.5 Monitoring of Ratings
17.1.6 Procedure for Review of Rating
17.1.7 Internal Procedures to be Framed
17.1.8 Disclosure of Rating Definitions and Rationale
17.1.9 Appointment of Compliance Officer
17.1.10 Maintenance of Books of Accounts Records etc.
17.1.11 Rating Process
17.1.12 Restriction on Rating of Securities issued by Promoters or by certain other
Persons
17.1.13 Procedure for Inspection and Investigation
17.1.14 Procedure for Action in Case of Default
17.1.15 Effect of Suspension and Cancellation of Registration of Credit
17.2 Credit Rating Process
17.3 Credit Rating Agencies
17.4 Summary
17.5 Keywords
17.6 Self Assessment
17.7 Review Questions
17.8 Further Readings
Objectives
After studying this unit, you will be able to:
Explain the regulatory framework of credit rating
Define credit rating process
List the credit rating agencies
LOVELY PROFESSIONAL UNIVERSITY 237
