ICRA Full Form

As of 1991, the Investment Information and Credit Rating Agency (ICRA) was formed by a group of major financial institutions, including commercial banks and financial service providers. Government-owned, it was formerly known as the Investment Information and Credit Rating Agency of India limited. Limited Company shares are traded on many stock markets, including the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) (NSE).The largest stakeholder in the International Credit Rating Agency is Moody’s Investor’s Service, a global credit rating agency. The Technical Services Agreement signed by Moody’s and ICRA stipulates the provision of certain high-value technical services by Moody’s in return for a fee. ICRA’s in-house research skills will be bolstered and the firm will have access to Moody’s global research base as a result of the partnership. The ICRA Group of Companies now encompasses ICRA and its subsidiaries (Group ICRA).As a result, the  Investment Information and Credit Rating Agency (ICRA) serves as a clearing-house for information and guidance for investors/creditors, improves borrowers’ ability to access the money and capital markets, aids regulators in their efforts to promote financial market transparency, and provides intermediaries with an efficient tool for raising funds.An expert panel of financial, fiscal, industrial, and sector researchers supports the organization’s internal training efforts. Each of these areas is handled by a dedicated team inside the organisation. Quality and reputation can be maintained while the company remains competitive because of the company’s research foundation.

Widespread Provision of Services

This type of service evaluates the quality of the product or service. 

Rating Services

Due to its early entry into the country’s Credit Rating sector, ICRA has a wealth of knowledge and expertise to draw on. ICRA examines rupee-denominated debt instruments issued by a wide range of businesses, including manufacturing corporations, commercial banks, non-banking financial institutions, investment firms, public institutions, and municipalities.

Ratings are assigned to a wide range of financial obligations, including those provided by utilities, telecom, and other infrastructure firms. Services include Corporate Governance Rating, Stakeholder Value and Governance Rating, Debt Mutual Fund Credit Risk and Insurance Company Claims Paying Ability Rating. Project Finance Rating, Line of Credit Rating, and Line of Credit Rating are also offered. As part of a joint effort with the National Small Industries Corporation (NSIC), ICRA has launched a Performance and Credit Rating Scheme for Small Scale Enterprises (SMEs) in India to help small and medium-sized businesses (SMEs) gain greater financial access, increase competitiveness, and improve their market standing.

Grading Services – The organisation offers grading services.

Innovative concepts and procedures underpin the vast variety of grading services we provide. Grades are assigned to construction companies, construction firms and projects, health care organisations, marine training organisations, and initial public offerings (IPOs).

For an objective evaluation, the Grading of Construction Entities was formed. A similar objective is to rate real estate developers and projects to make buyers aware of the risks associated with real estate projects and the developer’s ability to deliver by the terms of the agreement. An unbiased evaluation of the quality of care provided by healthcare organisations is provided by the Healthcare Gradings produced by ICRA. ICRA’s Grading of Maritime Training Institutes in India is a first-of-its-kind service in India’s education industry. If an IPO has been graded by the Indian Capital Markets Regulatory Authority (ICRA), then its “fundamentals” have been evaluated in respect to other publicly traded equity securities in India (other listed equity securities).

IT Services (Information Technology) 

This division’s precise data and value-added solutions have been relied on by intermediaries including financial institutions and banks as well as asset managers for both institutional and individual investors. Studies/publications about a certain business or area are among the products supplied by the division (customized research).

A collection of companies

Multi-line consulting firm with international operations: International Management Consulting Services Limited (iMacs) Aside from providing strategy consulting, iMacs also offers customers risk management, transaction advising, and process reengineering services.

ICRA Techno Analytics (IDEAS), an ICRA subsidiary, offers a wide range of IT solutions to meet the ever-evolving needs of today’s business settings. A broad range of services are accessible, ranging from traditional client-server, web-centric, and mobile app development to cutting-edge corporate analytics production. It is because of ICTEAS’ extensive knowledge of a broad variety of technological areas and verticals that the firm can provide end–to–end services of high quality. Onshore and offshore solutions are used by IDEAS to maximise its customers’ bottom-line benefits. Axiom Technologies and ICRA Techno Analytics are two more IDEAS subsidiaries.

Conclusion

In the field of information services, outsourcing, and technology solutions, ICRA is a well-known name. Among its clients are some of the world’s most well-known financial institutions, which serves as a tribute to the company’s commitment to quality, its customer service, and its integrity. It is organised into two Strategic Business Units (SBUs): the MFI Division and the KPO Division, both of which deal with knowledge process outsourcing (KPO Division).