what is SGL??
explain in brief...
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Answer:
Speculative Grade Liquidity Rating. Also called SGL. A rating of the risk that a company will not be able to meet is short-term liabilities. SGL ratings are compiled and published by Moody's and are an assessment of a company's liquidity.With a view to facilitating entities having Subsidiary General Ledger (SGL) accounts with RBI acting as custodians on behalf of their constituents for holding Government securities in scripless form, Reserve Bank has been allowing SGL Accountholders to have a second (SGL) Account in the books of Public Debt Office ...
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Speculative Grade Liquidity Rating. Also called SGL. A rating of the risk that a company will not be able to meet is short-term liabilities. SGL ratings are compiled and published by Moody's and are an assessment of a company's liquidity.