About CARE

Presentation Structure

• About CARE

• Range of rating & grading services

• CARE’s Credit Rating Experience & International

Perspective

• Why CARE?
 Credit Analysis & REsearch Ltd.
• A full service rating company that offers a wide range of
rating and grading services across sectors.
• Incorporated in 1993 by consortium of Banks/financial
institutions in India. The three largest shareholders of
CARE are IDBI Bank, Canara Bank and State Bank of India.
• Registered with SEBI under the Securities & Exchange
Board of India (Credit Rating Agencies) Regulations, 1999
• CARE’s Ratings are recognised by Govt. of India and all
regulatory authorities like RBI and SEBI
• CARE is a founder member of Association of Credit Rating
Agencies in Asia (ACRAA).
 Our Services
• Credit Rating
• Research & Information Services
 Range of Rating & Grading Services
Banks and FI ratings
IPO Grading SME/SSI ratings

Structured Finance Ratings Corporate ratings

Sub-sovereign ratings Infrastructure ratings

Services
Issuer Rating
Insurance/ CPA ratings Corporate Governance ratings

Construction Grading
Grading of MTI
Fund credit Quality rating
Why CARE?
 Why CARE?

• Quality of Ratings

• Independent & Renowned External Rating Committee

• Comparable Transition Matrix

• Impressive Track Record of more than 15 years

• Approved by RBI/SEBI/Other regulators

• Ratings widely accepted among market participants

 Why CARE?

• Strong Rating Practice

• Wide array of rating products

• Leader in bank ratings

• Leader in sub-sovereign ratings

• Strong industry exposure

• Developing rating methodologies for new segments like

Cooperatives, Service sector, trading etc

 Why CARE?
• Capability
• Very critical considering the volume of cases

• Highest number of ratings within a shortest period of time

• Wide network of offices in all major metros

• Capable team of close to 100 analysts

• Fully aware of resource requirements

• Planning for productivity improvements/workflow modifications

CARE’s Credit Rating Experience &
International Perspective
 Experience

Total Assignments Completed : 5846

Total Instruments Rated : 5452

Total Volume of Debt Rated * : Rs. 16,594 Bn

Total Issuers Rated : 2033

*Figures as on March 2009

Ratings – The International Perspective
• CARE has all along built its rating methodologies in
congruence with international best practices in the sector.
• CARE constantly tracks international developments in
rating analytics and research and incorporates the latest
tools and techniques of analysis in its methodologies.
• As a founder member of ACRAA, CARE is regularly in
dialogue with international rating agencies to understand
the latest developments in the field of ratings.
• CARE analysts regularly attend international training
conferences on ratings / research to assimilate and
incorporate the best practices in our ratings.
Our Partial Clientele
 Andhra Bank
Bank of Maharashtra
Vijaya Bank
General Insurance Corporation of India

SIDBI
State Govts., whose entities are rated by
CARE

All rated Indian states have a

CARE rating
Thank You