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SEBI controls the credit rating agencies in India.
Credit rating agencies play a critical role in the Indian financial system. They provide a benchmark for financial market regulations. They are regulated by the Securities and Exchange Board of India (SEBI) through its SEBI (Credit Rating Agencies) Regulations, 1999, and circulars. SEBI has the power to authorize and regulate credit rating agencies under the SEBI Act, of 1992.
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Topic: NCD Credit Rating Feedback
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