Care Ratings CEO Mehul Pandya said India can challenge global credit rating norms and reduce subjectivity in assessments. The firm is expanding globally, covering 45 countries, while focusing on transparency, emerging markets and strengthening India’s position in sovereign ratings
Japanese lender SMBC has acquired an additional 4.22 per cent stake in Yes Bank, raising its holding to 24.22 per cent and becoming the largest shareholder. The move coincides with fresh AA- ratings for Yes Bank, signalling stronger governance, capital position, and performance
