RBI Governor meets heads of rating agencies\, seeks their input on the economy

Reserve Bank of India (RBI) governor held a video conference meeting with CEOs credit rating agencies (CRAs) through video conference in which their assesment of the macroeconomic situation and outlook on various sectors including the financial sector and their views on the overall financial health of the entities rated by these agencies was discussed.

The meeting was attended by RBI deputy governors and other senior officers of RBI, the cental bank said on its website.

"Major factors that affect credit ratings in current context and feedback on ways to further strengthen the rating processes and engagement with key stakeholders (were also discussed)," RBI said without providing any details.