Sebi asks CRAs to verify issuers' funds availability in certain cases
Millennium Post Delhi|New Delhi 19November2024
Markets regulator Sebi on Monday directed Credit Rating Agencies (CRAs) to verify the issuer's fund availability and ascertain the reasons for payment failure in cases where non-payment of debt arises due to factors beyond the issuer's control.

Also, CRAs have to ensure that the required payments are deposited into an escrow account on the due date in these cases. These additional guidelines have been introduced to address scenarios of non-payment of debt (principal or interest) caused by factors beyond the issuer's control.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MILLENNIUM POST DELHIView all
Veteran actor Anupam Kher urges Bollywood to improve storytelling
Millennium Post Delhi

Veteran actor Anupam Kher urges Bollywood to improve storytelling

In 2024, Hindi films have faced a disappointing box office performance, with most releases struggling to succeed, aside from a few notable hits.

time-read
1 min  |
Delhi 25 November 2024
Abhishek talks about finding hope amid divorce rumours with Aishwarya
Millennium Post Delhi

Abhishek talks about finding hope amid divorce rumours with Aishwarya

He recently talked about the negatives in life

time-read
1 min  |
Delhi 25 November 2024
Millennium Post Delhi

I haven't lost my childishness: Gulzar

Indian cinema veteran Gulzar believes that he hasn't lost his childishness and it's probably why he is able to come up with songs that resonate with audiences of all generations.

time-read
2 mins  |
Delhi 25 November 2024
I'm not a born rebel: Amol Palekar
Millennium Post Delhi

I'm not a born rebel: Amol Palekar

He recently launched his book

time-read
1 min  |
Delhi 25 November 2024
Tusshar opens up about being a single parent and societal pressure
Millennium Post Delhi

Tusshar opens up about being a single parent and societal pressure

'But you should do what you feel is right so that no one is harmed,' he says

time-read
1 min  |
Delhi 25 November 2024
'Mrs' is a beautiful blend of my two passions'
Millennium Post Delhi

'Mrs' is a beautiful blend of my two passions'

Sanya Malhotra is a trained dancer in contemporary and ballet dance forms

time-read
2 mins  |
Delhi 25 November 2024
Millennium Post Delhi

Real Kashmir open campaign with win against Rajasthan United

Real Kashmir began their I-League 2024-25 season with a 2-0 victory over Rajasthan United FC at the TRC Ground here on Sunday. Both goals came in the first half.

time-read
1 min  |
Delhi 25 November 2024
Millennium Post Delhi

ISL: Second half powers Kerala Blasters FC to 3-0 win over Chennaiyin

Kerala Blasters FC put on an impeccable second-half display to beat Chennaiyin FC 3-0 in the Indian Super League here on Sunday.

time-read
1 min  |
Delhi 25 November 2024
Millennium Post Delhi

Calcutta Rowing Club set to host 3rd International Friendship Sculling Regatta starting from Nov 27

This year's regatta to feature 3 competitive events -- singles(1x), doubles (2x), and quads (4x)

time-read
1 min  |
Delhi 25 November 2024
Bengal Warriorz's Kambrekar shows glimpses of greatness in PKL
Millennium Post Delhi

Bengal Warriorz's Kambrekar shows glimpses of greatness in PKL

NEW KID ON THE MAT

time-read
2 mins  |
Delhi 25 November 2024