Credit Rating Agencies in India

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The key takeaways are that there are several major credit rating agencies in India that assign ratings to entities based on factors like their financial health and risk of default.

The major credit rating agencies in India mentioned are CRISIL, ICRA, CARE, Duff & Phelps Credit Rating India Private Ltd. and ONICRA Credit Rating Agency of India Ltd.

Credit ratings in India are assigned on a scale from AAA to D based on factors like the entity's financial position, cash flows, management quality, risk factors etc. with AAA being the highest rating and D indicating default.

IndiaOneStop.

Com Ratings awarded by major credit rating agencies: AAA - : Highest Safety AA - : High Safety A-: Adequate Safety BBB - : Moderate Safety BB - : Sub moderate Safety

Credit Rating Agencies in India Credit Rating Information Services of India Limited (CRISIL) Investment Information and Credit Rating Agency of India (ICRA) Credit Analysis & Research Limited (CARE) Duff & Phelps Credit Rating India Private Ltd. (DCR India) ONICRA Credit Rating Agency of India Ltd. Back to Directory Index IndiaOneStop Home

ONICRA Credit Rating Agency of India Ltd. B - : Inadequate Corporate Office Safety Vatika City Point, 11th Floor C - : Substantial M.G. Road, Gurgaon-122002 Tel + 91.0124.3076000 Risk Fax + 91.0124.3076033 Email: help@onicra.com D - : Default Credit Rating Information Services of India Limited (CRISIL) Head office: 254/B, 2nd Floor, Nirlon House, Dr. A.B. Road, Worli, Mumbai - 400 025, India. Tel : (91 22) 493 94 45 - 9 Fax : (91 22) 493 94 41 E-mail: rvasantraj@crisil.com Ahmedabad Branch: 302/303, 3rd Floor, Paritosh Bldg, Usmanpura, Ahmedabad - 380 013, India. Tel : (91 79) 755 0317 / 755 1533 Fax : (91 79) 755 2657

Fax : (91 79) 755 2657 E-mail: aagarwal@crisil.com Bangalore Branch: W-101, Sunrise Chambers, 22, Ulsoor Road, Bangalore - 560 042, India. Tel : (91 80) 558 0899, 558 4801 Fax : (91 80) 559 4802 E-mail: nvenkatesh@crisil.com Calcutta Branch: Satyam Apartment, 142/1A, Sarat Bose Road, Calcutta - 700 029, India. Tel : (91 33) 475 99 33 / 4251, 475 42 65 Fax : (91 33) 475 42 51 E-mail: magarwal@crisil.com Chennai Branch: Mezzanine Floor, Thapar House, 43/44 Montieth Road, Egmore, Chennai - 600 008 Tel : (91 44) 8546205/06 8569301/02 , 8546093 Fax : (91 44) 854 75 31 E-mail: mnarula@crisil.com Hyderabad Branch: 6, Nagarjuna Hills, Punjagutta, Hyderabad - 500 482 Tel : (91 40) 335 81 03/05 Fax : (91 40) 33 57 507 E-mail: aramaswamy@crisil.com New Delhi Branch: Hindustan Times Bldg 18/20, Kasturba Gandhi Marg New Delhi - 110 001, India. Tel : (91 11) 372 16 03, 332 20980 / 1073 Fax : (91 11) 372 16 05 E-mail: ruberoi@crisil.com Pune Branch: 1187/17, Ghole Road Shivaji Nagar Pune 411 005, India.

Pune 411 005, India. Tel : (91 20) 329 064 - 7 Fax : (91 20) 329 068 E-mail: jchaney@crisil.com Top of this page Back to Directory Index IndiaOneStop Home Investment Information and Credit Rating Agency of India (ICRA) Head Office: 4th Floor, Kailash Building 26, Kasturba Gandhi Marg New Delhi 110 001, India. E-mail: vivek_m@icra.mailserve.net Ahmedabad Branch: Sakar -II, Ellisbridge, Ahemedabad- 380006 Tel: (91 792) 658 5049 Fax:(91 792) 658 4924 E-mail: icra.ahmedabad@elnet.ems.vsnl.net.in Bangalore Branch: 6 Fl.,Vayudhoot Chambers,Trinity Circle,15-16 M.G.Road, Bangalore-560001, India. Tel: 91-80-5597401/ 4049 Fax: 91-80-5594065 E-mail: icra.bangalore@elnet.ems.vsnl.net.in Calcutta Branch: A-13, 5th Floor, FMC Fortuna, 234/ 3A, A.J.C. Bose Road, Calcutta-700020, India. Tel:(91 33) 287 0450/ 240 6617/ 8839/ 280 0008 Fax:91-33-2470728 E-mail: icra.calcutta@elnet.ems.net.in Chandigarh Branch: SCO 50-51, Second Floor, Sector 9D Chandigarh, India. Tel: (91-172) 743882, 743776 E-mail: icra.chandigarh@elnet.ems.vsnl.net.in

Chennai Branch: 5th Floor, Kurumuttu Centre, 498 Anna Salai, Nandanam, Chennai-600035, India. Tel: (91 44) 433 3293/ 94, 434 0043/ 9659/ 8080, 433 0724, Fax: (91 44) 4343663 E-mail: icra.madras@elnet.ems.vsnl.net.in Hyderabad Branch: Greendale, 1st Floor, No. 7-1-24/ 2/ D, Ameerpet, Hyderabad-500016, India. Tel:(91 40) 373 5061 / 7251 Fax:(91 40) 373 5152 E-mail: icra.hyderabad@elnet.ems.vsnl.net.in Mumbai Branch: 3rd Floor, Electric Mansion, Appasaheb Marathe Marg Prabhadevi, Mumbai - 400 025 Tel: (91 22) 433 1046/ 1053/ 1062/ 1074/ 1086/ 1087 Fax: (91 22) 433 1390 E-mail: icra.mumbai@elnet.ems.vsnl.net.in Pune Branch: 5A, 5th Floor, Symphony, SNO 210, CTS 3202 Range Hills Road Shivajinagar, Pune-411 007, India. Tel: (91 20) 220194-96 Fax: (91 20) 329231 Top of this page Back to Directory Index IndiaOneStop Home Credit Analysis & Research Limited (CARE) Head Office: 5th Floor, Mahindra Towers Dr G. M. Bhosale Marg Worli, Mumbai 400 018, India. Tel: (91 22) 492 5242 / 44, 493 2588 / 5627, 497 5574 / 75 Fax: (91 22) 497 3243

Fax: (91 22) 497 3243 E-mail: care@careratings.com Website: http://www.careratings.com Ahmedabad Office: 85, 8th Floor, World Business House Off. C.G. Road, Near Piramal Garden Ahmedabad - 380 006, India. Tel: (91 79) 464 794 Calcutta Office: 404 & 405 'Krishna Bldg' 224, A.J.C. Bose Road Calcutta 700 017, India Tel: (91 33) 240 9561 / 240 9438 Chennai Office: 22, Wellington Plaza 90, Anna Salai Chennai 600 002, India. Tel: (91 44) 853 0284 / 855 5876 New Delhi Office: 504, Indra Prakash Barakhamba Road New Delhi - 110 001, India. Tel: (91 11) 331 8701 / 371 6199 Hyderabad Office: Mahaveer House 4th Floor, Basheerbaug Hyderabad-500 029 Tel: (91 40) 212 385 / 212 386 Top of this page Back to Directory Index IndiaOneStop Home Duff & Phelps Credit Rating India Private Ltd. (DCR India) Head Office: 64, Atlanta Nariman Point Mumbai 400 021, India

Mumbai 400 021, India (91-22) 282-8720 or 281-1814 or 281-7445 (91-22) 281-7447 (fax) E-mail: dcrindia@bom3.vsnl.net.in Calcutta Office: N 214, North Block, Ideal Plaza 11/1, Sarat Bose Road Calcutta 700 020, India (91-33) 240-7608 or 280-1303 (91-33) 280-6505 (fax) E-mail: dcrindia@cal.vsnl.net.in Chennai Office: F-14, Akshava Plaza 55/56 Aditanar Salai Opp. Egmore Court Chennai 600 002, India (91-44) 859-4602 or 851-2046 (91-44) 859-4607 (fax) E-mail: dcrindia@md3.vsnl.net.in ONICRA CREDIT RATING AGENCY OF INDIA LIMITED. Corporate Office Vatika City Point, 11th Floor M.G. Road, Gurgaon- 122002 Tel + 91.0124.3076000 Fax + 91.0124.3076033 Email: help@onicra.com VARUN MIRCHANDANI DIRECTOR Tel: +91.0124.3076016 Email: varunm@onicra.com VIJAY JOSHI ASSOCIATE DIRECTOR-FINANCE Tel: +91. 0124.3076012 Email:vijay.joshi@onicra.com SURESH NAIR CHIEF FINANCIAL OFFICER Tel: +91. 0124.3076029 Email:suresh.nair@onicra.com

VINAY BASSI CHIEF HUMAN RESOURCE OFFICER Tel: + 91. 0124.3076004 Email: vinay.bassi@onicra.com DILPREET SAHI BUSINESS HEAD- SME Tel: +91. 0124.3076005 Email: dilpreet.sahi@onicra.com ANIL KUMAR KHANNA HEAD-IT &BUSINESS TRANSFORMATION Tel: +91. 0124.3076014 Email:anil.khanna@onicra.com NEERAJ JAIN NATIONAL VERTICAL HEAD- IT & ITES Tel: +91. 0124.3076007 Email:neeraj.jain@onicra.com AKASH GOYAL NATIONAL VERTICAL HEAD- TELECOM & M&D & AR Email:akash.goyal@onicra.com BRANCH OFFICES NOIDA B-10/Sector-59, Noida-201301 Tel + 91.0120.3009700 Fax + 91.0120.3009801 Email: help@onicra.com BANGALORE Sri Siridi Krupa Complex, 1st Floor Nagappa Street, Shesadripuram Bangalore-560020 Tel + 91. 080.30019727 Email: help@onicra.com KOLKATA Office No. A-148, Ground Floor Near Axis Bank ATM, Lake Gardens Kolkata-700045

Kolkata-700045 Tel + 91.9332321601 Email: help@onicra.com CHENNAI Office No-2, Raja Rajan St. Visalatchi Nagar Ekkaduthangal Chennai-32 Tel + 91.044.43542421, + 91.044.43542587 Email: help@onicra.com MUMBAI Mangalaya Centre, Office No.101-A, Marol Maroshi Road, Marol Naka, Andheri East Mumbai - 400059 Tel + 91. 022.30974530 Email: help@onicra.com

Visit us at : http://www.onicra.com Top of this page Back to Directory Index IndiaOneStop Home

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