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CRISIL : Credit rating information services of India Ltd.
According to CRISIL, “ Credit Rating is an unbiased and independent opinion as to issuer’s capacity to meet its financial obligations. Its doesn't constitute a recommendation to buy/sell or hold a particular security”.
CRISIL , the first credit rating agency was started on January 1, 1988. It was started jointly by ICICI bank and UTI bank with an equity capital of Rs. 4 crores. The main objective of CRISIL is to rate debt obligation of Indian Companies. CRISIL commences rating as per the request of the companies.Read More
