The full form of ICRA is investment information and credit rating agency. This is an independent firm that provides ratings to big companies. Moreover, the company came into existence in 1991 with the name of investment information and credit rating agency of India limited IICRA India. However, in 2007 1st April the company went public and the name change was seen. Now the name was ICRA limited. ICRA is now listed on the top exchange of India. 2000 the Bombay Stock exchange BSE and the National Stock exchange NSE.
ICRA means investment information and credit rating agency. Generally, it is a self-governing form that provides scores to the big companies. ICRA is now listed on the top exchange of India. In 2000, the Bombay Stock exchange BSE, and the National Stock exchange NSE. ICRA mainly goals to become the supreme in this market.
Furthermore is a public listed company of India in India. The basic aim of ICRA is to provide the credit ranking of several big agencies of India. Top companies like Moody’s and Indian commercial banks come together with ICRA. Moody’s is a global level agency that provides ratings to the economy of any country. Additionally, collaborate with ICRA to provide a better ranking system in India. There are several financial services companies that help ICRA for the betterment of its work. There are not many independent agencies in India that provide the correct ranking system. ICRA aims to become the best in this market.
Its services are intended for
- Provide knowledge of data and instruction to institutional and individual investors/creditors.
- Enhance the strength of borrowers/issuers to reach the money market and the capital market for tapping a larger volume of resources from a wider range of the investing public;
- Support the regulators in increasing transparency in the financial markets;
- Provide emissaries with a tool to improve the effectiveness of the funds growing process.
ICRA provides many services such as Credit ratings, Financial consulting, etc.
Moody’s Corporation is the owner of ICRA. The total revenue of ICRA is US Dollars 30 million. Ramnath Krishnan is the Managing Director and Group CEO of ICRA. ICRA was a joint-venture between Moody’s and various Indian commercial banks and many financial services companies.
Earlier it was called as Investment Information and Credit Rating Agency of India Limited (IICRA India). Some of the Credit Rating Agencies include Experian, Equifax, and TransUnion. Mutual funds, Construction companies and Hospitals are assigned Credit ratings, Performance Ratings, Corporate Governance Ratings, Gradings, and Rankings according to ICRA.
| Term | Full Form |
| ICRA | Investment information and credit rating agency |
FAQ’s
This is an independent form that provides ratings to the the big companies. Moreover the company came into existence in 1991 with the name of investment information and credit rating agency of India limited IICRA India .
ICRA is short form of investment information and credit rating agency.
investment information and credit rating agency is full form of ICRA.
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