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Credit Rating Agency in India

Credit Rating Agency in India



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Published by Aditya

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Published by: Aditya on Feb 17, 2010
Copyright:Attribution Non-commercial


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Presentation On
Credit Rating Agencies In India
ICRA Ltd.(Investment Information &Credit Rating Agency)
The ICRA Ltd. Has been promoted by IFCI at New Delhi. It is an independent company Ltd by shares with an authorised share capital of Rs.10 crore against 5 crore is paid up. IFCIholds 26%of the share capital &74% iscontributed by UTI, LIC,GIC,PNB,CBI, Bank of Baroda,UCO Bank & HDFC Ltd.
Objectives Of ICRA
To provide information & guidance toinstitutional & individual investor.
To enhance the ability of the borrower/issuersto access the money market & the capitalmarket for large volume of resources frominvesting public
To assist the regulators in promoting thetransparency in the financial market.

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