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    Shikha Bhotika
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    Credit ratings are assigned by agencies to indicate an issuer's ability to repay debt. The rating is based on both qualitative and quantitative analysis of information from the issuer and other sources. It represents the agency's opinion of default risk but does not recommend buying, holding, or selling the instrument. Major global credit rating agencies include Moody's, S&P, and Fitch. In India, prominent agencies are CRISIL, ICRA, and CARE.

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    Credit ratings are assigned by agencies to indicate an issuer's ability to repay debt. The rating is based on both qualitative and quantitative analysis of information from the issuer and other sources. It represents the agency's opinion of default risk but does not recommend buying, holding, or selling the instrument. Major global credit rating agencies include Moody's, S&P, and Fitch. In India, prominent agencies are CRISIL, ICRA, and CARE.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    12 views13 pages

    Credit Rating

    Uploaded by

    Shikha Bhotika
    Credit ratings are assigned by agencies to indicate an issuer's ability to repay debt. The rating is based on both qualitative and quantitative analysis of information from the issuer and other sources. It represents the agency's opinion of default risk but does not recommend buying, holding, or selling the instrument. Major global credit rating agencies include Moody's, S&P, and Fitch. In India, prominent agencies are CRISIL, ICRA, and CARE.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    of 13

    NAME- NITIN JAIN SYMBA GJ052

    The process of assigning a symbol with specific reference to the instrument being rated, that acts as an indicator of the current opinion on relative capability on the issuer to service its debt obligation in a timely fashion.

    Specificity: To a debt instruments Relativity: Rating based on the capability & willingness of the issuer of the instrument to service debt obligations. Guidance: To the investors/creditors Not a Recommendation: No recommendation to buy, hold or sell an instrument

    Broad Parameters: Information supplied by the issuer & from other sources including personal interactions. No guarantee Quantitative & Qualitative Information

    Contract Between Rater and Client Sending Expert Team to Clients Place Data Collection Data Analysis Discussion Credit Report Preparation Submission to Grading Committee Grade Communication to client

    Every Time a rating is assigned, the agencys name, integrity and credibility are online and subject to inspection by the whole community Factors Like: Objectivity of opinions, Professionalism Relevant Expertise, Strict rules of confidentiality

    Credibility and Independence Capital Market Mechanism Disclosure Requirements Credit Education Creation of Debt Market

    Moodys Investors Service (Moodys) Standard & Poors corporation (S&P) Duff and Phelps Credit Rating Co. (DCR) Japan Credit Rating Agency (JCR)

    Credit Rating and Information Services of India Ltd. Jointly promoted by ICICI, Nationalized and foreign banks, and Insurance Companies in 1987. Services Offered are : Rating, Information Services, infrastructure and consultancy.

    Investment Information and Credit Rating Agency of India Ltd. Promoted in 1991 by IFCI & 21 other shareholders comprising nationalized banks. Services offered are: Rating Services, Advisory services and investment information services.

    Credit Analysis & Research Incorporated in 1992 with the combined efforts of IDBI, and several other banks & insurance companies.

    AAA (Highest Safety) AA (High Safety) A (Adequate Safety) BBB (Moderate Safety) BB (Inadequate Safety) B (High Risk) C (Substantial Risk) D (Default)

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