Top Credit Rating Agencies In India List

Top Credit Rating Agencies in India List of Top 10 Credit Rating Agencies in India:

Credit rating agencies play an important role in terms of credit check, risk assessment and risk management for individuals as well as for small, medium and large companies. Below is the list of Top 10 credit rating agencies in India. The list is not in any particular order and might not be a complete one. Our expert team has tried their best to include the best Credit Rating Agencies in India. You can tell us if we have missed any good Credit Rating Agency in India. The revenue data is 2015 data.

Top Credit Rating Agencies in India

Credit Information Bureau India Limited (CIBIL):

CIBIL is the first credit information company(CIC) in India. It is one of the top credit rating agencies in India.

CIBIL was founded in the year of 2000 as a credit rating agency. It was founded in August 2000. It helps banks and businesses make important decisions and help the public find better and faster credit.

CIBIL collects financial information from banks and businesses and saves them in their database. Based on the number of loans, payback history, and income, the system generates the CIBIL TransUnion score. The score range is 300 to 900 and anything above 750 is considered as a good credit score.





This helps companies and banks provide individuals with loans based on their CIBIL score which reflects their repaying ability. CIBIL score is considered as a very important factor in the loan approval process.

The company is headquartered in Mumbai. The website address is https://www.cibil.com/.

CIBIL is ISO 27001:2005(most recognized security standard in the world) certified company. CIBIL is one of the 1000 companies in the world which have achieved ISO 27001 certification. It is one of the first few companies in India to receive this certification.

CRISIL:

CRISIL Credit Rating Agency is the largest credit rating agency in India currently.


CRISIL was established in the year 1987 by ICICI Ltd and other financial institutions. The company provides financial data, analytics, policy advice, financial opinion to more than 86 industry sectors in 8 countries.

The company serves to all financial institutions, borrowers, lenders and intermediaries. It also helps Employees Provident Fund Organization to choose the right fund managers.

The company is headquartered in Mumbai. The website address is https://www.crisil.com/.

Revenue: 10,006,968,829
Net profit: 2,220,076,625

ICRA’s Limited:

ICRA Limited was established in 1991 as Investment Information and Credit Rating Agency by leading banks and financial institutions. Today, it is a public sector company with subsidiaries forming the ICRA Group. It services help provide financial information to investors and creditors, improve the borrowing and issuing ability in the money market and provide transparency to borrowers, lenders, and intermediaries.

The company is headquartered in Gurgaon. The website address is http://www.icra.in/.

Revenue: 20,617.07 lakh rupees
Net profit: 5,041.88 lakh rupees
Headquarters: Gurgaon
Website: http://www.icra.in/

Equifax Credit Information Services Private Limited:

Equifax India is the result of the joint venture between Equifax Inc. in USA and State Bank of India, Bank of Baroda, Bank of India, Kotak Mahindra Prime Limited, Religare Finvest Limited, Sundaram Finance Limited, and Union Bank of India.

The company provides services like credit information, business analytics solution, and risk assessment. Some of its products and services are Credit risk and fraud management solutions, collection products, financial portfolio management, process redesign, microfinance and multi-bureau solutions.

The company is headquartered in Mumbai. The website address is http://www.equifax.co.in/.

Revenue: 2, 663.6 million dollars
Net profit: 429.10 million dollars
Headquarters: Mumbai
Website: http://www.equifax.co.in/

CARE Ratings:

CARE Ratings was established in the year 1993 and is currently the second biggest credit rating company in India. CARE stands for Credit Analysis and Research Limited. It is a credit rating, research and advisory committee.


Its ratings help people who are looking for investment to take informed decisions, aid corporate companies to raise capital and self-evaluation of risk and return. It's grading spectrum includes MFI grading for Micro Finance Institutions, ITI Grading, Edu-grade, IPO grade, Real estate star rating, ESCO grading for energy efficiencies etc. This credit rating company is promoted by IDBI Bank, Canara Bank, UTI Bank and other lending and financial institutions.

The company is headquartered in Mumbai. The website address is http://www.careratings.com/.


Revenue: 7,784.62 lakh rupees
Net Income: 3, 509.33 lakh rupees
Headquarters: Mumbai
Website: http://www.careratings.com/

CRIF Highmark:

CRIF Highmark was founded in the year 2007 is one of the top credit rating companies in India specializing in design and management of credit rating. The company provides its services in 4 continents for more than 44,000 companies. Its products and solutions are Consumer bureau, Microfinance Bureau, Commercial Bureau, Multi Bureau and Value added services. The company is headquartered in Mumbai. The website address is http://www.crifhighmark.com/.

Headquarters: Mumbai
Website: http://www.crifhighmark.com/

ONICRA:

ONICRA is one of the top credit rating and performance rating company in India. The company offers services like credit ratings, analytical solutions and risk assessment to individuals and businesses. The company is headquartered in New Delhi. The website address is http://www.onicra.com/.


Its other services include Vendor & associate rating, MSME rating, Education grading, healthcare grading, solar energy grading, APMC grading, Credit information, Decision analytics, employee background screening, risk assessment & scoring and placement data auditing.

Headquarters: New Delhi
Website: http://www.onicra.com/

SMERA Ratings Limited:

SMERA Ratings Limited was previously SME Rating Agency of India Ltd, established in the year 2005. It is the joint venture between SIDBI (Small Industries Development Bank of India), Dun & Bradstreet Information Services India Pvt Ltd and few leading banks in India.  The company is headquartered in Mumbai. The website address is http://www.smera.com/.

Its services include Bank loan rating, credit rating of fixed deposits, MFI grading, MTI grading, Solar grading, MSME rating, Performance & Credit rating, customized research and training on credit research.

Headquarters: Mumbai
Website: https://www.smera.in/

Brickwork Ratings:

Brickwork ratings was established in 2007 and provides bank loan ratings to small and large businesses. Its offers services like IPO grading, Real estate project grading, educational institutes grading, MNRE grading, IREDA grading, Hospital grading, Tourism grading, NGO grading, MFI grading and Grading process. The company is headquartered in Bangalore. The website address is http://www.brickworkratings.com/.

Headquarters: Bangalore
Website: http://www.brickworkratings.com/

India Ratings & Research:

India Ratings & Research is the Indian venture of the famous Fitch Group, a financial information services company. Its ratings extend to corporates, financial institutions, infrastructure, mutual fund, public finance, structured finance, infrastructure debt fund ratings, SME ratings, Non- performing assets, MNRE gradings, IPO gradings and asset manager gradings. The company is headquartered in Mumbai. The website address is http://www.indiaratings.com/.

Headquarters: Mumbai
Website: https://www.indiaratings.co.in