Care Rating Information

CARE Ratings commenced operations in April 1993 and in over 25 years, has established itself as the second-largest credit rating agency in India. With the rating volume of debt of around Rs. 128 lakh crores (as on March 31, 2019), CARE Ratings is proud of its rightful place in the Indian capital market built around investor confidence. CARE Ratings has emerged as the leading agency for covering many rating segments including manufacturing, infrastructure, financial sector including banks, non-financial services among others. CARE Ratings provides the entire spectrum of credit rating that helps the corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own risk-return expectations. Our rating and grading service offerings leverage our domain and analytical expertise backed by the methodologies congruent with the international best practices. To enhance its scope of business CARE Ratings has been nurturing global opportunities and made forays in different forms: - launched a new international credit rating agency ‘ARC Ratings’ with 4 partners from Brazil, Portugal, Malaysia and South Africa. - Established a subsidiary CARE Ratings (Africa) Private Limited (CRAF) in Mauritius with equity partnership from African Development Bank (AfDB). CRAF is recognized by Bank of Mauritius as an External Credit Assessment Institution. - Established a subsidiary “CARE Ratings Nepal Ltd” to undertake rating services in Nepal which is licensed by the Securities Board of Nepal. CRNL provides credit ratings and related services in the geography of Nepal. - Entered into strategic alliance with Japan Credit Ratings Agency (JCR) - (MoU) with Russian Rating Agency - Analytical Credit Rating Agency (ACRA) to assist each other towards developing a multilateral credit rating framework and undertake joint analytical research work