CERTIFICATE

IMPACT FACTOR 2021

Subject Area

  • Life Sciences / Biology
  • Architecture / Building Management
  • Asian Studies
  • Business & Management
  • Chemistry
  • Computer Science
  • Economics & Finance
  • Engineering / Acoustics
  • Environmental Science
  • Agricultural Sciences
  • Pharmaceutical Sciences
  • General Sciences
  • Materials Science
  • Mathematics
  • Medicine
  • Nanotechnology & Nanoscience
  • Nonlinear Science
  • Chaos & Dynamical Systems
  • Physics
  • Social Sciences & Humanities

Why Us? >>

  • Open Access
  • Peer Reviewed
  • Rapid Publication
  • Life time hosting
  • Free promotion service
  • Free indexing service
  • More citations
  • Search engine friendly

Convergence And Regulation Of Credit Rating Instruments With Special Reference To Crisil, Icra And Care

Author: 
Santoshi, G.
Subject Area: 
Social Sciences and Humanities
Abstract: 

In the post-reforms era, with increasing market orientation in the Indian financial sector both existing and new companies are opting for finance from the capital market, money market, foreign exchange markets. The competition among firms for a slice of the savings cake has increased. The market is flooded with a variety of new instruments and complex financial products, such as asset-backed securities and credit derivatives to attract ordinary investors for subscription of their issues. These new instruments are embodied with complex features very difficult for an ordinary investor to understand and analyse. Besides this, investors no longer evaluate the creditworthiness of the borrowers by their names or size. Credit rating agencies have come into existence to assist the investors in their investment decisions, by assessing the creditworthiness of the borrowers. It is one of the supporting services and positive tool for the development of capital market in developing countries like India. Basic philosophy of credit rating is to assess the risk associated with and assign the rating to the debt instrument. The main purpose of the study is to know the Credit rating process that are adopted by Credit Rating Agencies in general and also to have a close observation on various ratings given by CRISIL, ICRA and CARE on specified instruments. The study also highlights the regulations and mandatory controls issued by SEBI from time to time in controlloing the operations of Credit Rating Agencies. Objectives 1. To understand the conceptual procedure of rating a credit instrument in Indian financial system. 2. To analyse long term and short term credit rating instruments that CRISIL, ICRA and CARE adopt for credit rating evaluation. 3. To frame out the various regulations propounded by SEBI from time to time in monitoring the Credit Rating Agencies. Research Methodology The study is based on the secondary data. The secondary data was collected from various text books, company websites, other websites, Journals and Articles. Scope of Study 1. The study is limited up to 3 rating agencies namely, CRISIL, ICRA and CARE. The study does not reflect the entire credit rating agencies all over the world. 2. The study is carried on long term and short term instruments rather on specifying them. 3. Credit rating symbols were analysed based on key criteria but not the entire structure.

PDF file: 

CALL FOR PAPERS

 

ONLINE PAYPAL PAYMENT

IJMCE RECOMMENDATION

Advantages of IJCR

  • Rapid Publishing
  • Professional publishing practices
  • Indexing in leading database
  • High level of citation
  • High Qualitiy reader base
  • High level author suport

Plagiarism Detection

IJCR is following an instant policy on rejection those received papers with plagiarism rate of more than 20%. So, All of authors and contributors must check their papers before submission to making assurance of following our anti-plagiarism policies.

 

EDITORIAL BOARD

CHUDE NKIRU PATRICIA
Nigeria
Dr. Swamy KRM
India
Dr. Abdul Hannan A.M.S
Saudi Arabia.
Luai Farhan Zghair
Iraq
Hasan Ali Abed Al-Zu’bi
Jordanian
Fredrick OJIJA
Tanzanian
Firuza M. Tursunkhodjaeva
Uzbekistan
Faraz Ahmed Farooqi
Saudi Arabia
Eric Randy Reyes Politud
Philippines
Elsadig Gasoom FadelAlla Elbashir
Sudan
Eapen, Asha Sarah
United State
Dr.Arun Kumar A
India
Dr. Zafar Iqbal
Pakistan
Dr. SHAHERA S.PATEL
India
Dr. Ruchika Khanna
India
Dr. Recep TAS
Turkey
Dr. Rasha Ali Eldeeb
Egypt
Dr. Pralhad Kanhaiyalal Rahangdale
India
DR. PATRICK D. CERNA
Philippines
Dr. Nicolas Padilla- Raygoza
Mexico
Dr. Mustafa Y. G. Younis
Libiya
Dr. Muhammad shoaib Ahmedani
Saudi Arabia
DR. MUHAMMAD ISMAIL MOHMAND
United State
DR. MAHESH SHIVAJI CHAVAN
India
DR. M. ARUNA
India
Dr. Lim Gee Nee
Malaysia
Dr. Jatinder Pal Singh Chawla
India
DR. IRAM BOKHARI
Pakistan
Dr. FARHAT NAZ RAHMAN
Pakistan
Dr. Devendra kumar Gupta
India
Dr. ASHWANI KUMAR DUBEY
India
Dr. Ali Seidi
Iran
Dr. Achmad Choerudin
Indonesia
Dr Ashok Kumar Verma
India
Thi Mong Diep NGUYEN
France
Dr. Muhammad Akram
Pakistan
Dr. Imran Azad
Oman
Dr. Meenakshi Malik
India
Aseel Hadi Hamzah
Iraq
Anam Bhatti
Malaysia
Md. Amir Hossain
Bangladesh
Ahmet İPEKÇİ
Turkey
Mirzadi Gohari
Iran