CRISIL is India's leading Ratings, Research, Risk and Policy Advisory company.
At the core of CRISIL are its unimpeachable credibility and unmatched analytical rigour.
Leveraging these core strengths CRISIL delivers opinions and solutions that:
»
Make markets function better, and,
»
Help clients mitigate and manage their business & financial risks
»
Help shape public policy.
CRISIL offers domestic and international customers a unique combination of local insights and global perspectives, delivering independent information, opinions and solutions that help them make better informed business and investment decisions, improve the efficiency of markets and market participants, and help shape infrastructure policy and projects. Its integrated range of capabilities includes credit ratings; research on India's economy, industries and companies;investment research outsourcing; fund services; risk managementinfrastructure advisory servicesmore ». and
CRISIL's majority shareholder is Standard & Poor's, the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data.
Distinctive features of CRISIL Ratings
• Offers a reliable and independent view
• Focuses on substance rather than form
• Looks at actual practices through an interactive process rather than an audit of regulatory compliance
• Takes into account the perspectives of all stakeholders (shareholders, debt holders, employees, customers, suppliers and society at large)
• Quantifies the value created on account of good governance practice
• Recognises crucial role of stakeholders in value creation for shareholders
• Provides an appropriate balance of quantitative and qualitative factors
Rating of bonds and debentures, which are long term instruments, structured obligations, preference shares are rated by CRISIL. It also rates fixed deposits. Short term instruments like short term deposits as well as programs related to commercial paper are also rated by CRISIL.
With regard to ratings of bank loans, the facilities of credit offered to the customers are also rated by CRISIL.
CRISIL has the credit of rating the state governments of Andhra Pradesh, Maharashtra, Karnataka and Gujarat.
It has rated several joint ventures as well as subsidiaries of many multinational companies.
CRISIL also rates real estate projects of several real estate companies. It works in association with the National Real Estate Development Council.
[/list]
The above mentioned ratings are only a handful. CRISIL has rated several other institutions and companies functioning in different spheres of the economy.
Year
Milestone
1987
›
CRISIL is incorporated
›
Pradip Shah is Managing Director
1987-88
Commences the rating of Companies
1990-91
Establishes the Information Services Group
1991-92
Provides technical assistance and training to Rating Agency Malaysia Berhardand MAALOT, the Israeli Securities Rating Company Ltd.
1993-94
Makes public offering of 20,00,000 equity shares of Rs. 10 each at a premium of Rs. 40 per share. The offer is oversubscribed by 2.47 times
1994-95
›
Mr. R Ravimohan takes over as Managing Director
›
Sets up the Advisory Services Group
1995-96
Forges a strategic alliance with Standard & Poor's Ratings Group.
At the core of CRISIL are its unimpeachable credibility and unmatched analytical rigour.
Leveraging these core strengths CRISIL delivers opinions and solutions that:
»
Make markets function better, and,
»
Help clients mitigate and manage their business & financial risks
»
Help shape public policy.
CRISIL offers domestic and international customers a unique combination of local insights and global perspectives, delivering independent information, opinions and solutions that help them make better informed business and investment decisions, improve the efficiency of markets and market participants, and help shape infrastructure policy and projects. Its integrated range of capabilities includes credit ratings; research on India's economy, industries and companies;investment research outsourcing; fund services; risk managementinfrastructure advisory servicesmore ». and
CRISIL's majority shareholder is Standard & Poor's, the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data.
Distinctive features of CRISIL Ratings
• Offers a reliable and independent view
• Focuses on substance rather than form
• Looks at actual practices through an interactive process rather than an audit of regulatory compliance
• Takes into account the perspectives of all stakeholders (shareholders, debt holders, employees, customers, suppliers and society at large)
• Quantifies the value created on account of good governance practice
• Recognises crucial role of stakeholders in value creation for shareholders
• Provides an appropriate balance of quantitative and qualitative factors
Rating of bonds and debentures, which are long term instruments, structured obligations, preference shares are rated by CRISIL. It also rates fixed deposits. Short term instruments like short term deposits as well as programs related to commercial paper are also rated by CRISIL.
With regard to ratings of bank loans, the facilities of credit offered to the customers are also rated by CRISIL.
CRISIL has the credit of rating the state governments of Andhra Pradesh, Maharashtra, Karnataka and Gujarat.
It has rated several joint ventures as well as subsidiaries of many multinational companies.
CRISIL also rates real estate projects of several real estate companies. It works in association with the National Real Estate Development Council.
[/list]
The above mentioned ratings are only a handful. CRISIL has rated several other institutions and companies functioning in different spheres of the economy.
Year
1987
›
CRISIL is incorporated
›
Pradip Shah is Managing Director
1987-88
Commences the rating of Companies
1990-91
Establishes the Information Services Group
1991-92
Provides technical assistance and training to Rating Agency Malaysia Berhardand MAALOT, the Israeli Securities Rating Company Ltd.
1993-94
Makes public offering of 20,00,000 equity shares of Rs. 10 each at a premium of Rs. 40 per share. The offer is oversubscribed by 2.47 times
1994-95
›
Mr. R Ravimohan takes over as Managing Director
›
Sets up the Advisory Services Group
1995-96
Forges a strategic alliance with Standard & Poor's Ratings Group.