{"id":307570,"date":"2019-12-27T12:41:15","date_gmt":"2019-12-27T07:11:15","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=307570"},"modified":"2019-12-27T12:59:26","modified_gmt":"2019-12-27T07:29:26","slug":"ilfs-case-sebi-slaps-rs-25-lakh-fine-each-on-icra-care-india-ratings-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-case-sebi-slaps-rs-25-lakh-fine-each-on-icra-care-india-ratings-2\/","title":{"rendered":"IL&amp;FS case: Sebi slaps Rs 25 lakh fine each on ICRA, CARE, India Ratings"},"content":{"rendered":"<p>Cracking the whip for their \u201clethargic indifference\u201d, watchdog Sebi on Thursday slapped a penalty of Rs 25 lakh each on ICRA, CARE, and India Ratings &amp; Research in connection with lapses in assigning credit ratings to non-convertible debentures of IL&amp;FS. <\/p>\n<p>The crisis at diversified IL&amp;FS, whose board was superseded by the government, came to light September last year and since then, the company as well as related entities have come under the regulatory lens. In three separate but similarly-worded orders, Sebi said the default by IL&amp;FS occurred due to \u201clethargic indifference and needless procrastination and laxity\u201d of the rating agencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cracking the whip for their \u201clethargic indifference\u201d, watchdog Sebi on Thursday slapped a penalty of Rs 25 lakh each on ICRA, CARE, and India Ratings &amp; Research in connection with lapses in assigning credit ratings to non-convertible debentures of IL&amp;FS. The crisis at diversified IL&amp;FS, whose board was superseded by the government, came to light September last year and since then, the company as well as related entities have come under the regulatory lens. In three separate but similarly-worded orders, Sebi said the default by IL&amp;FS occurred due to \u201clethargic indifference and needless procrastination and laxity\u201d of the rating agencies.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,197,138],"tags":[],"class_list":["post-307570","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=307570"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307570\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=307570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=307570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=307570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}