Page 256 - DMGT512_FINANCIAL_INSTITUTIONS_AND_SERVICES

Unit 17: Credit Rating

CARE has seven offices in India located at - Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Notes
Bangalore and Ahmedabad.
The ratings division of CARE has over a decade long experience in rating debt instruments/
Enterprise ratings covering the full spectrum of Universe comprising:
1. Industrial Companies
2. Service companies
3. Infrastructure companies

4. Banks
5. Financial Institutions (FIs)
6. Non-bank Finance Companies (NBFCs)
7. Public Sector Undertakings (PSUs)
8. State Government Undertakings
9. Municipal Corporations

10. Structured Finance Transactions
11. Securitization Transactions
12. SMEs
13. SSI
14. Micro Finance Institutions

In addition to debt ratings CARE Ratings has experience in providing the following specialized
grading/rating services:
1. Corporate Governance Ratings
2. IPO grading

3. Mutual Fund Credit Quality Ratings
4. Insurance Claims Paying Ability Ratings
5. Issuer Ratings
6. Grading of Construction Entities
7. Grading of Maritime Training Institutes

8. LPG/SKO Ratings
CARE Ratings is well equipped to rate all types of debt instruments like Commercial Paper,
Fixed Deposit, Bonds, Debentures, Hybrid instruments, Structured Obligations, Preference Shares,
Loans, Asset Backed Securities (ABS), Residential Mortgage Backed Securities (RMBS) etc.
CARE Ratings has been recognized by statutory authorities and other agencies in India for
rating services. The authorities/agencies include: Securities and Exchange Board of India (SEBI),
Reserve Bank of India (RBI), Director General, Shipping and Ministry of Petroleum and Natural
Gas (MoPNG), Government of India (GoI), National Housing Bank (NHB), National Bank for
Agriculture and Rural Development (NABARD), National Small Scale Industries Commission
(NSIC). CARE Ratings has also been recognized by RBI as an Eligible Credit Rating Agency
(ECRA) for Basel II implementation in India.

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