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Rating agency disclaims responsibility for investment outcomes and potential conflicts of interest
31-Jul-2026, 06:16
A credit rating report carries a disclaimer stating that the rating does not guarantee any outcome or investment performance and that the rating agency relied on information provided by the issuer, its management, and third-party sources without independent verification. The agency clarifies it is not creating any legally binding obligations, assumes no responsibility for losses resulting from the report's use, and does not act as a fiduciary or provide expert advice as defined by Section 2(38) of India’s Companies Act, 2013. Potential conflicts of interest, including commercial transactions and compensation for rating services, may exist, and users are cautioned to consider the rating as one factor among many in their investment decisions.