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Which of the following is the Regulator of the credit rating agencies in India ?
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- RBI
- SBI
- SIDBI
- SEBI
- None of these
- RBI
Correct Option: E
The Indian credit rating industry mainly comprises of CRISIL, CIBIL, ICRA, CARE, ONICRA, FITCH and SMERA. The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. RBI is India’s central bank. SIDBI (Small Industries Development Bank of India) financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises in India.