This case study discusses the management rejig in RBL Bank and its impact on bank stakeholders such as shareholders, depositors, staff. It includes analysis of balance sheets, income statements, cash flows to financial position bank. Financial is found be sufficiently stable Reserve India (RBI) also supporting with statement about stability Credit rating agencies will monitor things may revise ...

We empirically analyze the effects of the entry into structured finance products of new credit rating agencies on the rigor of ratings. Our setting is unique as we study a period in which the incumbents’ reputation was extremely poor in these assets and the benefit of more fee income from inflating ratings was low. We nevertheless find that the entrants issue systematically more generous rating...

So far rather weak tendencies towards an infrastructure for external ratings by independent agencies have been observed in Europe in recent decades. Especially for small and mediumsized enterprises (SMEs), thus far there has been no possibility of obtaining an objective rating. The reason is that information is very asymmetric between investors and capital demands on small and medium-sized comp...

We study the effect of sovereign credit rating downgrades on firm investment and financial policy. We identify causal effects by exploiting the effect of sovereign downgrades on corporate ratings that is due to sovereign ceiling policies followed by rating agencies. We find that sovereign downgrades lead to greater decreases in investment and leverage of firms that are at the sovereign rating b...

ESG investment strategy has attracted increasing attention from the financial market, and inconsistency of enterprise rating results different agencies gradually become focus regulators investors. In this article, listed companies with ratings in Shanghai Shenzhen A-shares 2016 to 2020 were selected as research samples. Combined difference-in-differences model ordinary least squares methods, ra...