Brickwork Ratings: Brickwork Ratings (BWR) approved by RBI for Bank Risk-Weighting Claims
Bengaluru (Karnataka) [India], July 16: The Reserve Bank of India (RBI) has permitted banks to use the ratings of Brickwork Ratings India Private Limited (BWR) for risk-weighting their claims for capital adequacy purposes, according to a statement released by the RBI on July 10, 2024.
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BWR is an India-based credit rating agency that provides services such as credit research, grading assessment, and risk management for sectors including banking and finance.
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