Explain the concept of Credit Analysis and Research Ltd

 

CARE [Credit Analysis and Research Ltd]-

• CARE is a credit rating and information service company, commenced it operation in Oct 1993.
• CARE company is promoted by IDBI jointly with investment institutions, banks and finance companies.
• It is recognized by RBI, GOI, SE$BI etc
• Functions-

To make available information on any company, industry or sector required by a business enterprise.

To undertake equity research study of listed or to be listed Co’s on major stock exchange.

To undertake credit rating of all types of debt instrument, both short term and long term

Specialized grading services-

• IPO grading
• Mutual fund credit quality ratings.
• Issuer rating
• Insurance Claims paying ability rating.