CARE Ratings Mobile is an ‘up-to-the-minute’ mobile app that allows financial market intermediaries & participants, investors, analysts and market enthusiast to access credit-information in just a click. Being an exhaustive basket of rating actions, credit events, news, outlooks, detailed research on an exhaustive set of industries/sectors and macro-economic reviews, this application on your phone is the one-stop solution to absorb latest happenings in the Indian credit markets, the various sectors of the domestic economy and the global economy.
About CARE Ratings:
Credit Analysis and Research Limited (CARE Ratings), incorporated in 1993, is a full-service credit rating company in India.
CARE Ratings offers a wide range of rating and grading services across a diverse range of instruments and industries. It has been rating debt instruments, bank loans & facilities and related obligations covering a wide range of sectors. In addition, we also provide general and customized industry research reports. Our client list includes banks, financial institutions, private sector companies, sub-sovereign entities, central public sector undertakings, small and medium enterprises (SMEs) and micro-finance institutions, among others.
CARE Ratings shareholders include domestic banks and financial institutions and include names such as IDBI Bank Limited, Canara Bank and State Bank of India, among others. It is registered with SEBI under the Securities and Exchange Board of India (Credit Rating Agencies) regulations, 1999. CARE Ratings is also recognized by RBI as an eligible credit rating agency whose ratings may be used by banks to assign risk weights for credit risk for the implementation of Basel II in India and for rating of fixed deposits of NBFCs and commercial paper. We are also recognized by Ministry of Petroleum and Natural Gas (for LPG / SKO ratings), Ministry of Defence (for shipyard grading), Directorate General of Shipping (for maritime training institutes grading) and the National Small Industries Corporation Limited (the NSIC) (for MSE ratings), among others.
CARE Ratings is recognized by the Capital Markets Development Authority, Republic of Maldives to carry out ratings of debt instruments and bank loans and facilities in respect of Maldivian companies. We are also recognized by Hong Kong Monetary Authority & Bank of Mauritius for using our ratings for risk weighting of bank claims on corporates for capital adequacy purposes. CARE Ratings believes in following the best practices in the industry. It also adheres to the code of conduct set out by the International Organization of Securities Commissions (IOSCO) and the Association of Credit Rating Agencies, Asia (ACRAA).
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