The full form of ICRA is Investment Information and Credit Rating Agency. Previously, ICRA Limited was known as the Investment Information and Credit Rating Agency. In 1991, leading banks, financial institutions, and financial institutions established it as an independent and professional investment information and credit score organisation.
Significant Info about ICRA
Excel in IELTS with India’s Top Online Coaching
Leap has helped more than 1 Lakh students achieve 7+ IELTS band.
- The ICRA is a group of companies that includes its subsidiaries.
- It is a limited public company whose shares are traded on the BSE (Bombay Stock Exchange) and the NSE (National Stock Exchange).
- It is currently one of the most successful credit rating companies in the country.
- It ranks debt instruments denominated in rupees issued by commercial banks, financial institutions, manufacturing corporations, government-owned enterprises, and others.
- It also has an investor Service alliance. The international Credit Rating Agency (Moody’s Investor Service) is a major shareholder in ICRA.
Services provided by ICRA
- To provide advice and ideas to institutional and individual debtors and investors.
- Improving lenders’ and borrowers’ access to financial markets in order to take advantage of large amounts of capital
- Assistance from regulatory bodies in promoting financial market transparency
- To incorporate tools designed for mediators to improve the effectiveness of fund-raising processes.