66. ICRA Full-Form | What is the Investment Information and Credit Rating Agency (ICRA)

By | January 15, 2020
CRA Full-Form | What is the Investment Information and Credit Rating Agency (ICRA)

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ICRA

The abbreviation or full form of ICRA is the Investment Information and Credit Rating Agency

Additional information about ICRA full form, abbreviation & meaning

CRA Full-Form | What is the Investment Information and Credit Rating Agency (ICRA)Investment Information and Credit Rating Agency is known as ICRA Limited is the second largest Indian rating company with respect to its customer base. Established in 1991, ICRA was a joint-venture between Moody’s and various Indian commercial banks and financial services companies.

ICRA rates rupee-denominated debt instruments issued by manufacturing companies, commercial banks, non-banking finance companies, financial institutions, public sector undertakings and municipalities.

ICRA aims at providing the following services-

  1. Provide information and guidance to institutional and individual investors/creditors.
  2. Enhance the ability of borrowers/issuers to access the money market and the capital market for tapping a larger volume of resources from a wider range of the investing public.
  3. Assist the regulators in promoting transparency in the financial markets and
  4. Provide intermediaries with a tool to improve efficiency in the funds raising process.

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