• A credit rating agency is an entity which assesses the ability and willingness of the issuer company for timely payment of interest and principal on a debt instrument. Credit rating agencies are regulated by the Securities and Exchange Board of India (SEBI).
• ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited) was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency.
• ICRA is a Public Limited Company, with its shares listed on the Bombay Stock Exchange and the National Stock Exchange.
• Brickwork Ratings (BWR) is an Indian Credit Rating Agency that offers rating services on Bank Loans, NCD, Commercial Paper, Fixed deposits, Securitised paper, Security receipts etc.
• Brickwork Ratings founded by bankers, credit rating professionals, former regulators as well as professors, is committed to promoting Financial Literacy. BWR has its corporate office in Bengaluru.