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just a feedback & opinion -----what is happening. this is not good for economy and NBFCs. An AAA-rated bond has an exceptional degree of creditworthiness with high grade because the issue can easily meet its financial commitments......unlike BBB which are lower medium grade A BBB rating represents a relatively low-risk bond or investment banks are allowed to invest in BBB rated bonds. However, it is toward the bottom of investment-grade bond ratings, being only two grades above junk bond ratings.grade....... as per news "government likely to discuss allowing state banks to provide so-called credit enhancement against securities rated BBB to non bank financiers, the people said, asking not to be identified before a public announcement," providing credit enhancement to these BBB & BBB is surely not good as they will liquidate more in future... if this goes... then huge financial crisis & financial crunch will increase and will land up in Debt... this is temporary solution not a good solution for long term... only good rated bond will meet financial commitments..

12.33 AM Dec 5th
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