Credit Rating & Credit Scoring
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Indian Economy and Indian Financial System — JAIIB.
One-liners from this chapter
Free sample — 8 of 65 rapid-fire Q&A cards.
What is credit rating?
Credit rating is an assessment of the creditworthiness of a borrower — individual, corporate, or sovereign — expressed as a letter grade indicating the likelihood of default on financial obligations.
What is the full form of ICRA in India's credit rating industry?
Investment Information and Credit Rating Agency of India
Which regulatory body oversees credit rating agencies in India?
SEBI (Securities and Exchange Board of India) regulates credit rating agencies in India under the SEBI (Credit Rating Agencies) Regulations, 1999.
What does CARE stand for in Indian credit rating context?
Credit Analysis and Research Limited
Name the major credit rating agencies operating in India.
The major credit rating agencies in India are CRISIL, ICRA, CARE, India Ratings and Research (Fitch affiliate), Acuite Ratings, and Brickwork Ratings.
What is the full form of BRICKWORK in Indian credit rating agencies?
Brickwork Ratings India Private Limited
What does the acronym CRISIL stand for?
CRISIL stands for Credit Rating Information Services of India Limited; it was the first credit rating agency established in India in 1987.
Which credit rating symbol indicates the highest safety for short-term instruments?
A1+ indicates highest safety for short-term instruments
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