Functions Of CRISILFunctions Of CRISIL

 

Symbol(Rating category).

Description (with regard to the likelihood of meeting the debt obligations on time)

AAA Highest Safety

AA High Safety

A Adequate Safety

BBB Moderate Safety

BB Inadequate Safety

B High Risk

C Substantial Risk

D Default

 

The short-term debt obligations typically rated by CRISIL include:

•Non-convertible debentures

•Inter corporate deposits

•Commercial papers/certificates of deposits/short-term debt

•Fixed deposits

•Loans

•Structured debt

•Industrial companies

•Banks

•Non-banking financial companies (NBFCs)

•Infrastructure entities

•Business school grading

•Insurance companies

•Mutual funds

•State governments

•ETC……..