What is the full form of ICRA?
ICRA full form is Investment Information and Credit Rating Agency. Previously known as the Investment Information and Credit Rating Agency, ICRA Limited is now known as ICRA. By leading banks, financial institutions, and financial institutions, it was created in 1991 as an independent and competent investing information and credit score organization.
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Important information on ICRA
- The ICRA is comprised of a group of corporations, which includes its subsidiaries.
- It is a public limited company whose shares are listed 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 nation.
- It assigns ratings to debt instruments denominated in rupees that are issued by commercial banks, financial institutions, manufacturing companies, government agencies, and many others.
- Moreover, it has a connection with moody’s investor Service. International Credit Rating Agency (Moody’s Investor Service) is one of the principal owners of ICRA.
Services provided by ICRA
- To provide advice to institutional and individual creditors or investors
- Enhancing lenders’ and borrowers’ access to the financial markets to take benefit of a substantial amount of capital
- The contribution of regulatory agencies to the promotion of financial market transparency.
- To incorporate tools designed for mediators to enhance the effectiveness of fund-raising processes
