Credit rating agencies is associate freelance company that evaluates the status of issuers of debt instruments and when then assign a rating that reflects its assessment of issuer’s ability to create Debt Payments. Credit Rating Agencies is handled the general strength and stability of economic establishment company.
Credit Rating agencies offer totally different services:
- Operation Up gradation
- Training to worker
- Scrutinize new project
- Rate totally different Sector
There square measure several credit rating agencies in India:
In Bharat 2 most vital credit rating agencies:
- ICRA and CRICIL
Important purpose regarding ICRA:
- ICRA was established in 1991, Investment Credit Rating Agencies is additionally referred to as ICRA.
- Investment Credit rating agency (ICRA) is premier money info Service Company; it absolutely was one among the Credit Rating Agency.
- Investment Credit rating Agency (ICRA) is additionally provides skilled money service all told over Bharat still as Asia pacific region.
- ICRA headquarter – national capital
- ICRA restricted provides business money services still as Credit Rating Services.
- ICRA Chairman and director –Dhruba Naryana Ghosh
- ICRA CEO – Naresh Takkar
Important purpose regarding –CRISIL
- CRISIL full type – Credit Rating and knowledge Services of Bharat restricted
- CRISIL provides several services like rating, research, risk and policy consultive etc. It is one of the largest credit rating agencies in all over India.
- It was established in 1987.
Some important Credit Rating Agencies and headquarter:
|Name of Credit Rating Agency||Headquarter|
|Credit Rating and Information Services of India Limited (CRISIL)||Mumbai|
|Investment Credit Rating Agency (ICRA)||Gurgaon, India|
|Credit Analysis and research (CARE)||Mumbai|
|FITCH||New york, US|
|Standard &Poor ‘s (S &P)||New york, US|
|Moody’s||New york, US|
|Domain Bond Rating Services (DBRS)||Toronoto, Canada|