CRISIL Full Form | What is the Full Form of CRISIL? CRISIL Meaning

What is the full form of CRISIL?

CRISIL: Credit Rating Information Services of India Limited

CRISIL related questions: What is the full form of CRISIL, What does CRISIL stand for, What is the meaning of CRISIL, CRISIL full Form in English.

CRISIL stands for credit rating information service of India limited. Yes, our today’s post is all about what is the full form of CRISIL?

If you are an investor then you must be well versed with the term CRISIL. If not? Then here we are at your rescue.

Undoubtedly, CRISIL is one of the most popular credit rating agencies

CRISIL is global analytic companies which give rating and ranks, policy advisory services.

Its headquarters is in Mumbai, India

Important Points

  • CRISIL is the very first credit rating agency that has a market share of more than 60%
  • It was promoted by ICICI Ltd, UTI, and other financial institution

RATING PROCESS:

  1. Information gathering/analysis
  2. Meetings with Management

 

 

RATING SYMBOLS

CRISIL -A

The rating scale for Long-Term Instruments

CRISIL AAA
(Highest Safety)

Dear readers, instruments with this rating is considered as the safest in terms of timely servicing of financial obligations

CRISIL AA

Such an instrument carries very low risk and timely servicing of financial obligation

CRISIL A

(Adequate safety)

CRISIL BB ( Moderate Risk)

An instrument which has crisil bb rating has a high degree of default

CRISIL C

An instrument with this rating are prone to risk

CRISIL D
Default

An instrument with this rating is expected to be in default soon

Mission of CRISIL

The analysis and solution of CRISIL help the investors, lenders, borrowers, and regulators make an appropriate decision about the investment.

It helps the clients to manage the risk and generate more income by making the just decision regarding the product, service, and pricing

It also encourages economic growth in growing markets by moulding the public policies on infrastructure in these regions

The agenda of CRISIL is to proffer independent opinions, prosecutable insights, and constructive solution

The CRISIL believes in excellence, accountability, teamwork, and integrity.

Today, CRISIL is catering to more than 100, 000 customers across 86 countries. The company manages its business from 8 countries which consist of India, China, Hong Kong, Singapore, Argentina, Poland, the UK, and the USA.

Who CRISIL serve

CRISIL cater to the whole spectrum of the financial service players ranging from top commercial and investment banks, insurance companies, consulting firms, private equity players, asset management companies to small companies and investors

The company also works with the government and policymakers of the country

It assists the clients to make better investment and business decision

Brief History

  • CRISIL was integrated and fostered by industrial credit and Investment Corporation of India Ltd and unit trust of India (UTI) in 1987.
  • In the year 1989, it has become the first rating agency to rate the commercial paper program
  • In the 1992, CRISIL became the first rating agency to rate the asset-backed security and debt instrument of banks and other financial institution
  • In the same year, it also proffered the technical support to an Israeli Securities Rating Company, Malaysia Berhad and Maalot.
  • In the year 1996 CRISIL invaded into a strategic alliance with standard and poor’s to forge its skill and processes
  • In May 2005, standard and poor became the eminent shareholder of CRISIL
  • IN 2010, CRISIL brought real estate or star ratings
  • In the year 2011,CRISIL introduced education grading, solar grading and gold, and gilt index
  • In the year 2012, it obtained UK based company proffering analytics to the global investment banks
  • In 2013, it initiated CRISIL foundation to augment the financial literacy and the efforts towards the conservation and safety of the environment
  • In the year 2014, CRISIL was rated as the first Commercial Mortgage-Backed Securities of India and launched the Fund Management Capability Ratings for the mutual fund.
  • In the year 2015, it again launched the program which is regarding the environment conservation and through employee volunteering

Dear readers

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