CRISIL

CRISIL (formerly Credit Rating Information Services of India Limited) is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American company S&P Global.[3]

CRISIL Limited
Public company
Traded asBSE: 500092
NSE: CRISIL
Founded1987[1]
HeadquartersMumbai, Maharashtra, India
Key people
Anurag Shukla
(CFO Interim)
Ashu Suyash
(MD & CEO)
ServicesRatings, research, risk and policy advisory
Revenue ₹11,106 million (US$160 million) (December 2013)[2]
₹3,199.5 million (US$45 million) (December 2013)[2]
₹2,978.2 million (US$42 million) (December 2013)[2]
ParentS&P Global
Websitewww.crisil.com 

CRISIL, was the first credit rating agency in India, introduced in 1988 by the ICICI and UTI jointly with share capital coming fron SBI, LIC and United India Insurance Company. In April 2005, US based credit rating agency S&P acquired the majority shares (51 percent) of company.[4][5]

As of December 2013, the company has revenue of ₹11,106 million (US$160 million), net income of ₹2,978.2 million (US$42 million) and operating income of ₹3,199.5 million (US$45 million).[2]

News

The Union Minister for Finance and Corporate Affairs Shri Arun Jaitley launched CriSidEx, India’s first sentiment index for micro and small enterprises (MSEs) developed jointly by CRISIL and SIDBI.[6]

CriSidEx is a composite index based on a diffusion index of 8 parameters and measures MSE business sentiment on a scale of 0 (extremely negative) to 200 (extremely positive).[7] CriSidEx will have two indices, one for the 'survey quarter' and another for 'next quarter' once a trend emerges after few rounds of the survey, providing independent time series data.[6] The parametric feedback was captured through a survey of 1100 MSEs in November –December.

In February 2020, Crisil completed the acquisition of Greenwich Associates LLC, a provider of proprietary benchmarking data, analytics and qualitative insights to financial services firms.[8]

gollark: Regarding Spotify, people prefer a flat rate for X music per month over paying per song.
gollark: People do like zero *marginal* cost, though.
gollark: Oh, I guess that's true.
gollark: They would?
gollark: RSAPI, for instance, relays my RSS feeds to Discord, bridges some alerts, handles some types of reminder, posts NASA's astronomy picture of the day in the RSS thing, handles fortunes for potatOS, bridges DNS to IRC and the comments system, bridges OIR™ things to other things, contains the webmaze, and contains a youtube-dl frontend.

References
  1. "CRISIL – History". crisil.com. Retrieved 20 November 2013.
  2. "December 2013 results" (PDF). BSE. Retrieved 31 December 2013.
  3. ": CRISIL – Overview :". crisil.com. Archived from the original on 28 October 2010. Retrieved 20 November 2013.
  4. Singh, Ramesh (2017). Indian economy for civil services, Universities and other examinations (11th ed.). McGraw Hill Education (India) Private Limited. p. 12.26-12.27. ISBN 978-93-5316-636-6.
  5. ": About CRISIL:". crisil.com. Archived from the original on 28 October 2010. Retrieved 20 November 2013.
  6. "MSMEs get a boost: Jaitley launches India's first sentiment index CriSidEx". Business Standard. 4 February 2018.
  7. Komal Gupta (3 February 2018). "Jaitley launches CriSidEx, says economy witnessing a phase of consolidation". LiveMint.
  8. "Crisil completes acquisition of Greenwich Associates". The Economic Times. 26 February 2020. Retrieved 28 February 2020.
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