Reliance Capital downgraded to A2 rating by ICRA

ICRA downgrades Reliance Capital to A2 rating ICRA Limited has revised its rating for Anil Ambani-led Reliance Capital and its subsidiaries to A2 with negative implications for its short-term debt programme. The action is primarily due to refinancing risk of…

To endure better implementation of IBC , SEBI and IBBI sign MoU

IBBI, SEBI sign MoU for better implementation of IBC  The Insolvency and Bankruptcy Board of India (IBBI) signed a memorandum of understanding (MoU) on Tuesday with the Securities and Exchange Board of India (SEBI) for effective implementation of the new…