Crisil Ratings Limited 
(A subsidiary of Crisil Limited)

We pioneered credit rating in India in 1987, and emerged a leader with our independent, analytical rigour and innovation. As a full-service rating agency, we rate the entire gamut of debt instruments. We’ve not only set business standards but also instituted several innovations with our best practices.

We serve lenders, investors, issuers, market intermediaries and regulators by covering manufacturing companies, banks, NBFCs, PSUs, financial institutions, state governments, urban local bodies, and mutual funds.

Issuers and borrowers leverage our ratings for enhancing their access to funding, widening range of funding alternatives, and optimising cost of funds. Investors and lenders use our ratings to supplement their internal evaluation process and benchmark credit quality across investment options. Our ratings act as benchmarks for pricing and trading of debt instruments for markets at large.