Independent Credit Evaluation
ICRA’s Independent Credit Evaluation (ICE) is an assessment of the credit quality of the residual debt in entities, under the revised framework for resolution of stressed assets as notified by the Reserve Bank of India (RBI). The outcome of this assessment aims to help the lenders and investors understand the credit risks in entities that are in the process of undergoing a resolution plan.
Brochure
Recent Releases

  • The Government Tele-communication Employees’ Co-operative Society Limited: Rating downgraded to [ICRA]D; remains in ‘Issuer Not cooperating’ category

    Rationale / 23 May 2019

  • Variety Lumbers Private Limited: Rating upgraded to [ICRA]C/A4

    Rationale / 23 May 2019

  • Uttar Pradesh Rajkiya Nirman Nigam Ltd.: Short term rating assigned at [ICRA]A3+; Long term rating reaffirmed

    Rationale / 23 May 2019