NDTV Profit

RBI Tweaks Partial Credit Enhancement Rules For Issuers

Partial credit enhancement allows low-rated corporates to obtain a guarantee from lenders when issuing debt, lowering the cost for issuers and attracting more investors.
EMAIL
COMMENTS
RBI Tweaks Partial Credit Enhancement Rules For Issuers
Mumbai: The Reserve Bank of India said on Thursday that companies must be rated by at least two credit rating agencies to be eligible to issue debt under the country's partial credit enhancement programme.

Partial credit enhancement allows low-rated corporates to obtain a guarantee from lenders when issuing debt, lowering the cost for issuers and attracting more investors.

© Thomson Reuters 2017



For latest news on Business, like us on Facebook and follow us on Twitter.
ALSO READ Sensex Slumps 400 Points, Rupee Rebounds After Falling To 6-Month Low

Advertisement

Advertisement

GAINERS / LOSERS