Brief About Rating Process Corporate Credit rating process is essential part to evaluate the risks associated with any organization. Credit Rating Agencies (CRAs) have sole responsibility of defining these ratings based on highest standards of independence and analytical rigor. Generally, analysis of each credit is carried out by multi-member team […]
What is Credit Risk Assessment? Credit Risk Assessment is a process of assessing the risk to understand the probability of default in repayment of any debt. The credit risk assessment is a process of understanding the various risk factors and their impact on the debt repayment capacity of an organization […]
What is ECLGS? Emergency Credit Line Guarantee Scheme provides 100% guarantee coverage by National Credit Guarantee Trustee Company (NCGTC) on Guarantee Emergency Credit Line (GECL) to INR 3 Lakh Crore to eligible MSMEs or Business Enterprises. As of writing Loans worth INR 2,05,563 crore has already been sanctioned to about […]
Why restructuring is required? COVID-19 has impacted many lives in different ways. Whether you are a businessman or a common man, pandemic has disrupted economy on large scale that we get to witness rarely. Problems in economy directly affects businesses at various level. Indian economy is no different when it […]
Common QuestionI’m not happy with credit rating assigned to my organization? Can Court can interfere in the rating opinion given by rating agencies?The answer is NO Madras High Court has given a breather to credit rating agency as the court has dismissed a petition filed by a public trust (Mahasemam […]
How having a sound repayment track record has become a critical factor in credit ratings process in recent times??
SEBI Guidelines for Credit Rating Agencies There’s a new norm for “defaulting”: Let’s see why? SEBI through its Master Circular for credit rating agencies dated May 02, 2018 (Presented Here) , has defined very stringent default recognition criteria of ‘ONE RUPEE ONE DAY’ delay for instruments/facilities with pre-determined repayment schedule […]