Credit Rating Agencies in India
A credit rating agency is a company which rates the debtors on the basis of their ability to pay back the debt in timely manner.
There are three big credit rating agencievvs in the world which are
1.Standard & Poor's (S&P) – Headquarter – New York, US
2.Moody's – Headquarter - New York, US,
3.Fitch Ratings- New York, US
There are mainly 5 credit rating agencies in India which are
CARE (Credit Analysis and Research):Founded: 1993,Mumbai It is the second-largest credit rating agency in india
CRISIL (Credit Rating Information Servicesof India Limited):Founded: 1987,mumbai. It is the largest credit rating limited company.with a market share of
greater than 60%.
*CRISIL’s majority
shareholder is
Standard & Poor’s.
ICRA ( Investment information andcredit rating agency)Founded: 1991 at Gurgaon
It is public limited company .Majority share holder is Moodys
SMERA( SME Rating Agency of India Ltd):Founded: 2005 ,mumbai
*SMERA is a full service credit rating sector
agency in India, exclusively set up MSME
ONICRA Gurgaon. It is a Pvt sector agency set up by onida finance
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