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Credit Rating Agencies
Major credit rating agencies that exist in India are Credit Rating Information Services of India Limited (CRISIL), Investment Information and Credit Rating Agency (ICRA), Credit Analysis & Research (CARE) and DCR India. The rating accorded by any rating agency is instrument specific and relates to debt instruments of any maturity, public deposits and preference shares. International rating agencies like Moody’s and S&P also rate different countries, which comprise the emerging markets are used by foreign financial Institutions for making investments in a particular country. To know more about credit rating
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