ICRA Ltd has informed BSE that ICRA Ltd (ICRA) and Vijaya Bank have signed a Memorandum of Understanding (MoU) under which ICRA will assign ratings to the Bank’s loans and its other exposures under the standardized approach of RBI’s New Capital Adequacy Framework for Basel-II. Further the Company has issued a Press Release titled “ICRA in MoU with Vijaya Bank to rate Bank Loans under RBI’s New Capital Adequacy Framework for Basel-II”
ICRA Ltd (ICRA) has informed BSE that ICRA and State Bank of Indore have signed a Memorandum of Understanding (MoU) under which ICRA will assign ratings to the Bank’s loans and its other exposures under the standardized approach of RBI’s New Capital Adequacy Framework for Basel-II.
In this regard the Company has issued the following press release:
“Credit rating agency ICRA Ltd (ICRA) and State Bank of Indore have signed a Memorandum of Understanding (MoU) under which ICRA will assign ratings to the Bank’s loans and its other exposures under the standardized approach of RBI’s New Capital Adequacy Framework for Basel-II.
ICRA’s ratings for the standardized approach would be carried out under its “Line of Credit” rating service and would enable State Bank of Indore to assign the new risk weights applicable to its borrowers under Basel-II. The risk weights would be linked to the various rating categories and would be as per RBI’s Basel II guidelines.
To assist potential and existing borrowers of State Bank of Indore in obtaining ratings, ICRA is offering special terms to the clients of State Bank of Indore.
The MoU between ICRA and State Bank of Indore would assist in implementing RBI’s New Capital Adequacy Framework under Basel-II.”
ICRA Ltd (ICRA) has informed BSE that ICRA and State Bank of Hyderabad have signed a Memorandum of Understanding (MoU) under which ICRA will assign ratings to the Bank’s loans and its other exposures under the standardized approach of RBI’s New Capital Adequacy Framework for Basel-II.
In this regard the Company has issued the following Press Release:
“Credit rating agency ICRA Ltd (ICRA) and State Bank of Hyderabad have signed a Memorandum of Understanding (MoU) under which ICRA will assign ratings to the Bank’s loans and its other exposures under the standardized approach of RBI’s New Capital Adequacy Framework for Basel-II.
ICRA’s ratings for the standardized approach would be carried out under its “Line of Credit” rating service and would enable State Bank of Hyderabad to assign the new risk weights applicable to its borrowers under Basel-II. The risk weights would be linked to the various rating categories and would be as per RBI’s Basel II guidelines.
To assist potential and existing borrowers of State Bank of Hyderabad in obtaining ratings, ICRA is offering special terms to the clients of State Bank of Hyderabad.
The MoU between ICRA and State Bank of Hyderabad would assist in implementing RBI’s New Capital Adequacy Framework under Basel-II.”
ICRA Ltd has informed BSE that ICRA Ltd (ICRA) and Central Bank of India (Central Bank) have signed a Memorandum of Understanding (MoU) under which ICRA will assign ratings to the Bank’s loans and its other exposures under the standardized approach of RBI’s New Capital Adequacy Framework for Basel-II.
In this regard the Company has issued the following press release:
“Credit rating agency ICRA Ltd (ICRA) and Central Bank of India (Central Bank) have signed a Memorandum of Understanding (MoU) under which ICRA will assign ratings to the Bank’s loans and its other exposures under the standardized approach of RBI’s New Capital Adequacy Framework for Basel-II.
ICRA’s ratings for the standardized approach would be carried out under its “Line of Credit” rating service and would enable Central Bank to assign the new risk weights applicable to its borrowers under Basel-II. The risk weights would be linked to the various rating categories and would be as per RBI’s guidelines.
To assist potential and existing borrowers of Central Bank in obtaining ratings, ICRA is offering special terms to the clients of Central Bank covered by the MoU.
The MoU between ICRA and Central Bank seeks to deliver a number of benefits to the Central Bank as well its clients. For Central Bank, ICRA’s Line of Credit ratings would assist in implementing RBI’s New Capital Adequacy Framework under Basel-II.”