Beyond Dawlish

To become a registered Credit Rating Agency (CRA) with SEBI, you must meet certain important requirements. First, the agency must have a minimum net worth of Rs. 5 crore. This means the agency should have enough money to operate smoothly.

The agency must also have good infrastructure. This includes having the right technology and tools, as well as a team of skilled people who can accurately rate the creditworthiness of companies and financial instruments.

The leaders or promoters of the agency must have a clean record and at least five years of experience in financial services. This ensures that they know what they are doing and can be trusted.

Additionally, the agency should have a strong governance structure. This means having independent directors on its board who can make sure the agency is operating fairly and ethically.

By meeting these requirements, a credit rating agency can become registered with SEBI. This registration helps build trust and reliability, showing that the agency follows high standards and can provide accurate credit ratings. Being SEBI registered means the agency is recognized as a credible and trustworthy player in the financial market.