What is Credit Rating ? (Meaning, Features, Functions and Credit Rating agencies in India)

What is Credit Rating ? 

(Meaning, Features, Functions and Credit Rating agencies in India)

What is Credit Rating ? 

Meaning of Credit Rating: -

Credit rating is the assessment of borrowed credit quality. Credit rating is nearly and indicator of current opinion about. It is not a recommendation to buy, hold our sale.

Features or Characteristics  of Credit Rating :-

1. Assessment of borewell capacity to repay. 

2. Analysis based.

3. Symbols. 

4. Expertness. 

5. Only a guidance. 

Functions of Credit Rating:-

1. Unbiased opinion. 

2. Reliable opinion. 

3. Free information. 

4. Help investment decisions.

5. Understandable. 

Credit rating agencies in India :-

 There are mainly 2 major creditating agencies in India. 

1. Credit rating information services of India limited. [CRISIL]

2. Investment information and credit rating agencies of India limited. [ICRA]

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