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Credit Rating 1

Credit Rating 1

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Published by ashu khetan

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Categories:Types, Business/Law
Published by: ashu khetan on May 30, 2010
Copyright:Attribution Non-commercial

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08/30/2010

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CREDIT RATING
Group members:vaishali,rahul,aatif,rajesh,sunita
 
Credit rating
It is an indicator of ability &willingness of the issuer of a financial debt instrument tomeet the debt service obligations as&when they arise.
A rating is specific to a debt instrument &these instruments are graded in terms of the credit risk associated with them
.
 
 
Needs of credit rating
It is extremely useful to investors,corporate, banks &financial institutions.
The lesser known companies canapproach to the market on the basis of their ratings.
It also minimizes the role of namerecognition.

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