SEBI Keen To Appoint An Indian Credit Rating Agency for Risk-Return Verification—Exclusive

The regulator may take three to four more weeks to come out with a final circular on a Past Risk and Return Verification Agency or PRRVA.

Charu Singh

14 Feb 2025, 10:33 AM IST i

<div class="paragraphs"><p>The regulator may take three to four more weeks to come out with a final circular on a Past Risk and Return Verification Agency.(Photo source: Vijay Sartape/NDTV Profit)</p></div>

The regulator may take three to four more weeks to come out with a final circular on a Past Risk and Return Verification Agency.(Photo source: Vijay Sartape/NDTV Profit)

Market regulator Securities and Exchange Board of India has been keen on allowing an Indian credit rating agency to verify past risks and future return claims made by market participants like research analysts, investment advisors, algo providers and others.While there has been a high demand to have a solid framework on the issue, the regulator may take three to four more weeks to come out with a final circular on a Past Risk and Re...