CRISIL
What is CRISIL?
CRISIL is an India-based credit rating house that offers ratings, analysis, risk, and policy advice for all kinds of investments. CRISIL not only rate the credit quality of funds, but also gives in-depth research and knowledge about the performance, risk, and threats of any funds or the business.
What is CRISIL Rank?
CRISIL ranks provided to companies and investments signify the overall health of the entity. The rank is determined by various factors such as the financial performance of the entity, its risk level, asset quality, etc. Lenders, investors, financial advisors, etc use the CRISIL ranks to compare and evaluate various options within the financial market. CRISIL has specific rank systems such as CRISIL Mutual Fund Ranking (CMFR) for mutual funds, credit rating for individual companies, etc.
is CRISIL an indian company?
Yes, CRISIL is an Indian company. But the majority shares of CRISIL are owned by US based company S&P Global.
What are the difference between CRISIL and CIBIL?
CRISIL and CIBIL are both involved in credit assessment, cater to different aspects. CRISIL is a credit rating agency which rates companies and their fixed income instruments such as bonds based on its ability to meet debt obligations. It gives ratings to indicate relative risk level. CIBIL is a credit information company and it is centered around you i.e. individuals. It gathers data on your credit transactions and provides a credit score to the lenders for deciding the loan eligibility and rate of interest etc.