ICRA MSE 1 Highest creditworthiness in relation to other MSEs
ICRA MSE 2 High creditworthiness in relation to other MSEs
ICRA MSE 3 Good creditworthiness in relation to other MSEs
ICRA MSE 4 Above average creditworthiness in relation to other MSEs
ICRA MSE 5 Average creditworthiness in relation to other MSEs
ICRA MSE 6 Below average creditworthiness in relation to other MSEs
ICRA MSE 7 Weak creditworthiness in relation to other MSEs
ICRA MSE 8 Poor creditworthiness in relation to other MSEs

Financial Strength indicated by the following
Highest
High
Good
Above Average
Average
Below Average
Weak
Poor
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