RBI: RBI has been decided that the minimum investment grade credit rating for deposits of NBFCs shall be ‘BBB–’ from any of the SEBI-registered Credit Rating Agencies (03.05.2022)

RBI:

RBI has been decided that the minimum investment grade credit rating for deposits of NBFCs shall be ‘BBB–’ from any of the SEBI-registered Credit Rating Agencies

(RBI/2022-23/37 DOR.FIN.REC.No.30/03.10.001/2022-23 dated 2^nd May 2022)