Professional Documents
Culture Documents
Credit Rating: Made By: Megha Aggarwal Diksha Mantry Kunal Goyal
Credit Rating: Made By: Megha Aggarwal Diksha Mantry Kunal Goyal
Protect the interest of investors who can not into merits of the debt
instruments of a company.
The table below summaries the meanings of the comparative ratings of the three
major credit rating companies.
or willingness to meet
B3 B- B-
financial commitments.)
(CURRENTLY HIGHLY-
C C VULNERABLE to non-
payment.)
Improper Disclosure May Happen : The company being rated may not
disclose certain material facts to the investigating team of the rating
agency. This can affect the quality of credit rating.
OTHER AGENCIES :
•A. M. Best (U.S.),
•Baycorp Advantage (Australia)
• Egan-Jones Rating Company (U.S.)
•Global Credit Ratings Co. (South Africa)
•Levin and Goldstein(Zambia)
•Agusto& Co(Nigeria)
•Japan Credit Rating Agency, Ltd. (Japan).
•Rapid Ratings International (U.S.)
•Credit Rating Information and Services Limited(Bangladesh
CREDIT RATING AGENCIES OF
INDIA
Duff & Phelps Credit Rating India Private Ltd. (DCR India)
CREDIT RATING METHODOLOGY
Consist of 4 areas:
If necessary, meetings with top management suppliers and dealers and a visit
to the plant of proposed sites are arranged to collect additional data. This
team of professionals submit their recommendations to the rating committee.
Rating assigned is then notified to the issuer and only on his acceptance,
rating is published.
Once the issuer decides to use and publish the rating, agency has to
continuously monitor it over the entire life of instrument, called surveillance.
THANK YOU