CARE Ratings Ltd. Revenue and Competitors

CARE Ratings commenced operations in April 1993 and in over 25 years, has established itself as the second-largest credit rating agency in India. With the rating volume of debt of around Rs. 108.47 lakh crores (as on March 31, 2018), CARE Ratings is proud of its rightful place in the Indian capital market built around investor confidence. CARE Ratings has also emerged as the leading agency for covering many rating segments like that for banks, sub-sovereigns and IPO gradings. CARE Ratings provides the entire spectrum of credit rating that helps the corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own risk-return expectations. Our rating and grading service offerings leverage our domain and analytical expertise backed by the methodologies congruent with the international best practices. To enhance its scope of business CARE Ratings has been nurturing global opportunities and made forays in different forms: - launched a new international credit rating agency ARC Ratings with 4 partners from Brazil, Portugal, Malaysia and South Africa. - Established a subsidiary CARE Ratings (Africa) Private Limited (CRAF) in Mauritius with equity partnership from African Development Bank (AfDB). CRAF is recognized by Bank of Mauritius as an External Credit Assessment Institution. - Established a subsidiary CARE Ratings Nepal Ltd to undertake rating services in Nepal which is licensed by the Securities Board of Nepal. CRNL provides credit ratings and related services inthe geography of Nepal. - Entered into strategic alliance with Japan Credit Ratings Agency (JCR) CARE Ratings corporate office is located in Mumbai and has other operational offices in Ahmedabad, Bengaluru, Chandigarh, Chennai, Coimbatore, Hyderabad, Jaipur, Kolkatta, New Delhi, Pune & Mauritius