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The Securities and Exchange Board of India (SEBI) canceled the recognition certificate granted to Brickwork Ratings India, one of the seven registered credit rating agencies (CRAs) in the country, for repeated lapses and irregularities in discharging its duties.The market regulator has directed Brickwork to slow down its operations within six months & during this period, Brickwork cannot onboard any new clients or take fresh mandates. Learn Along: SEBI Headquarters: Mumbai Chairman: Madhabi Puri Buch A credit rating agency is a company that reviews the creditworthiness of an entity that is in the process of or has already issued debt. The resulting credit ratings are used by investors to evaluate whether they should invest in debt securities. Brickwork Ratings Headquarters: Bengaluru Chairman: Vivek Kulkarni
What is the primary objective of the Public-Private Partnership (PPP) Beginner’s e-Course launched by the World Bank in collaboration with the Departm...
Which bank was penalized for routing unauthorized entries through internal or office accounts?
What is the primary objective of the 'GOAL Program'?
The U.S., European allies and Canada agreed to remove key Russian banks from the interbank messaging system, SWIFT. In 2014, which country was removed f...
Recently which electric vehicle firm announce to invest $500 million for setting up its battery innovation centre (BIC) in Bengaluru?
Coal India's production grew by what percentage in the current fiscal year (up to September 12, 2024)?
Which butterfly species was recently sighted and documented for the first time in Himachal Pradesh's Chamba district?
Japan’s Mitsubishi Electric Corporation has signed an agreement with which state to set up a Rs 1,895-crore unit, marking a rare instance of 100 per c...
Which country had the highest number of its nationals granted nationality in OECD countries in 2021, according to the OECD's International Migration Out...
