CRISIL: Credit Rating and Information Services of India Limited
The full form of CRISIL is Credit Rating and Information Services of India Limited. It is a global analytic company providing ratings, research, risk and policy advisory services. CRISIL was incorporated and promoted by Industrial Credit and Investment Corporation of India Ltd. (ICICI) and Unit Trust of India Ltd. (UTI) in 1987. Standard and Poor’s (S&P) is the majority shareholder in Credit Rating and Information Services of India Limited (CRISIL), which is why it is also called Standard & Poor’s company. Its headquarters are in Mumbai, India. As of March 2020, Ashu Suyash is MD & CEO and Anurag Shukla is the CFO of the company.
CRISIL ratings can help you make the right decisions as you can determine the quality of the rating and choose the right financier. CRISIL rankings allow you to browse the apparently attractive offers available from different companies. You can use these rankings as a reference to make a comparative analysis between the different players in the market. In 2018, the Union Minister for Finance and Corporate Affairs Shri Arun Jaitley launched CriSidEx, India’s first sentiment index for micro and small enterprises (MSEs) developed jointly by CRISIL and SIDBI.