Internal ratings at banks won't hit business: CARE
By Prashant R Nair | Published On: December 26, 2012 10:00 (IST) | Duration: 6 min, 20 sec
While the market is happy with CARE's super listing today, it is also worried as to how CARE will be impacted when banks start to put in place mechanism to implement internal ratings. The CARE management on the day of the listing tells us that the company doesn't expect business to be hit as the demand for independent ratings will always be felt.
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