Sebi asks rating firms not to term as defaults repayment delays amid lockdown?
These relaxations on payment will be granted to companies on a case-to-case basis, Rating agencies have also been granted relaxation on timelines for issuing press releases on ratings action
The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output should recover in 2021, the International Monetary Fund said on Monday.