The large quantum of information submitted daily by CRAs to DTs, as well as the short timelines mandated for disclosure of this information by DTs, it is essential that the data shared by CRAs be structured and submitted in a specified format for easier accessibility and analysis of the submitted data.
Based on discussion with CRAs and DTs, an Excel template is placed as an Annexure. CRAs shall use the same template for their daily submissions of rating revisions to DTs.
Such submissions shall be sent by CRAs to DTs on the same day as the day of rating revisions, on either the generic email ID being used for regulatory purposes, or email IDs/URLs as may be communicated for this purpose by DTs.
The circular shall be applicable with effect from October 01, 2023.