As an early entrant in the Credit Rating business, ICRA Limited (ICRA) is one of the most experienced Credit Rating Agencies in the country today. ICRA rates rupee-denominated debt instruments issued by manufacturing companies, commercial banks, non-banking finance companies, financial institutions, public sector undertakings and municipalities, among others. ICRA also rates structured obligations and sector-specific debt obligations such as instruments issued by Power, Telecom and Infrastructure companies. The other services offered include Credit Risk Rating of Debt Mutual Funds, an Independent Credit Evaluation (ICE) of the residual debt in entities under the RBI’s framework for resolution of stressed assets and Rating of security receipts issued by Asset Reconstruction Companies (ARCs) as required by RBI .
Recent Releases
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Sheth Developers Private Limited: Rating reaffirmed; Outlook revised to Stable from Negative
Rationale
/ 27 Jun 2022
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Evershine Appliances Pvt. Ltd.: Ratings reaffirmed
Rationale
/ 27 Jun 2022
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V-Mart Retail Limited: Ratings reaffirmed, outlook revised to Positive
Rationale
/ 27 Jun 2022