ICRA Management Consulting Services (IMaCS), an arm of ICRA, launched a set of four fixed income indices including one on corporate bonds. It aims to create more depth in the Indian debt market.
ICRA Gilt Indices, ICRA Liquid Indices, ICRA Corporate Bond Indices and ICRA Composite Debt Indices, the four indices launched, would help asset managers and financial services companies make objective analysis and provide comprehensive benchmarking of debt portfolios.
Static/Current Takeaways Important for RBI Assistant Mains 2017 Exam-
- Non-Executive Chairman & an Independent Director of ICRA– Arun Duggal,
- ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited) was set up in 1991.
Source- The Economic Times