SEBI Probing How Rating Agencies Missed Stress In IL&FS
Conversations around a possible rescue of strained Infrastructure Leasing & Financial Services Ltd, have narrowed down to a handful of large investors. 

SEBI Probing How Rating Agencies Missed Stress In IL&FS

The market regulator is probing how three credit rating agencies failed to spot stress in the Infrastructure Leasing & Financial Services Ltd. and kept giving it the highest ratings till it started...
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