Got a Query? Contact HelpDesk +91-124-3341580
in_01
Skip Navigation Links
ABOUT ICRA
INVESTORS
CAREERS
IN NEWS
CONTACT US
Indian Tractor Industry – Monthly Update: February 2017        Indian Poultry Industry: Poultry industry profitability expected to improve sharply in FY2017 majorly benefitting from lower soymeal prices        Public Announcement for Buyback of Equity Shares        Aggressive bidding for Rewa Ultra Solar Project leads to a significant improvement in cost competitiveness of solar tariff; viability rests on long debt tenure, scale benefits and risk mitigation measures        Indian Retail Non-Banking Finance Market: Currency Crunch to impact near term business growth and asset quality of Retail NBFCs: H1FY2017 Performance Update and Industry Outlook        Delay in resumption of imports by Iran likely to hinder recovery in Basmati rice exports from India: ICRA        Indian Mortgage Finance Market Update for H1FY2017: Affordable housing segment to remain key growth driver; overall housing loan growth likely to witness near term moderation Performance Review of Housing Finance Companies and Industry Outlook        WPI inflation surges to higher-than-expected 5.2% in Jan 2017 led by commodity prices, unfavourable base effect        Report on Housing Finance Companies: Key financial and operational statistics of the housing finance companies extracted from ICRA’s databases, presented in a format convenient to read and understand        Indian Automobile Industry – Two Wheelers: Emerging Out Of Demonetization Woes: Monthly Update       
 
Skip Navigation Links
CURRENT RATING LIST
RATINGS
GUIDE TO CREDIT RATINGS
GRADINGS
RATING/GRADING SCALE
RATING/GRADING METHODOLOGIES
SPECIAL COMMENTS
ECONOMY AND DEBT MARKET
ICRA BULLETIN: MONEY &
FINANCE

Indian Poultry Industry: Poultry industry profitability expected to improve sharply in FY2017 majorly benefitting from lower soymeal prices
Indian Tractor Industry – Monthly Update: February 2017
Aggressive bidding for Rewa Ultra Solar Project leads to a significant improvement in cost competitiveness of solar tariff; viability rests on long debt tenure, scale benefits and risk mitigation measures
Indian Retail Non-Banking Finance Market: Currency Crunch to impact near term business growth and asset quality of Retail NBFCs: H1FY2017 Performance Update and Industry Outlook
More...
 
SME RATING

ImageWantToGet

Micro, Small and Medium enterprises (MSMEs) comprise a pivotal sector of the Indian economy, employing the largest work force among all sectors other than agriculture, promoting entrepreneurship, and contributing significantly to economic growth. However, even as its importance is widely acknowledged, the MSME sector has historically found itself deprived of timely and adequate institutional finance. The primary reason for this has been the lack of credible information on the functioning and performance of the MSME sector. One way to bridge this “information gap” and thereby improve the sector’s access to institutional finance is to encourage MSMEs obtain credit ratings from credible credit rating agencies. ICRA is one of the leading credit rating agencies in India, with a sound understanding of the MSME sector and its “real world” dynamics. It offers its MSME rating services in two ways:

NSIC ICRA Performance and Credit Rating Scheme

ICRA SME Ratings

    Benefits:

    For lenders, an ICRA MSME Rating would:
  • Provide an objective, independent and reliable opinion on credit quality.
  • Serve as an additional input in the credit decision making process.
  • Assist in risk pricing and capital allocation.
  • Facilitate portfolio management and monitoring.
    For the rated MSME, an ICRA MSME Rating may help to:
  • Improve the comfort level with prospective/existing lenders.
  • Negotiate better terms on the basis of the credit quality reflected by the Rating.
  • Reduce the time involved in obtaining loan approvals.
  • Project a better image to prospective/existing trade partners.
  • Carry out self-evaluation and take timely and corrective measures for improvement.

Brochure

Rating Process

Banking Relationship

*An ICRA MSME Rating is valid for 12 months from the date it is assigned or the date of occurrence of any material development that would warrant a Rating surveillancewhichevercomes earlier. On surveillance, ICRA retain or revise. (upward or downward) the rating previously assigned, depending on its assessment of the development since the previous rating.

ICRA SME Update - November 2015