Indian securitisation market solid amidst global meltdown: Crisil

Banking Bureau
Posted: Thursday, Dec 04, 2008 at 0230 hrs IST
Updated: Thursday, Dec 04, 2008 at 0230 hrs IST

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Mumbai: pioneering practice of differentiating its ratings for structured instruments from its ratings for other instruments, by using the ‘(so)’ suffix.

Global regulators today are discussing a requirement to differentiate ratings on structured instruments from those on plain vanilla debt; the fact that Crisil took this step more than a decade ago shows how transparent and market-friendly credit rating in India is....

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