Borrowing cost may rise for power, infra, health and engineering companies | Economic Times

Borrowing cost may rise for power, infra, health and engineering companies https://ift.tt/QHa6jmX central bank's direction to credit rating agencies (CRAs) in April was followed by clarifications in July that CRAs are not permitted to rely on support structures like letters of credit (LoC), letter of support, obligor-co-obligor structure, etc, for deriving rating comfort while assigning CE ratings.