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 S&P Global Inc. (prior to April 2016 McGraw Hill Financial, Inc., and prior to 2013 The McGraw–Hill Companies, Inc.) is an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financ ...

. CRISIL, was the first credit rating agency in India, introduced in 1988 by the

ICICI ICICI Bank Limited is an Indian Private bank. It is headquartered at Mumbai. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiari ...

and UTI jointly with share capital coming from SBI, LIC and

United India Insurance Company United India Insurance Company is a central public sector undertaking under the ownership of Ministry of Finance, & Government of India. Its headquarters is located in Chennai, India, and was incorporated on 18 February 1938. The company was ...

. In April 2005, US based credit rating agency S&P acquired the majority shares of company. As of December 2020, the company has revenue of , net income of . Crisil is also India's largest ratings company and as of March 2022, has market cap of .

News

The Late Ex-Union Minister for Finance and Corporate Affairs Shri

Arun Jaitley Arun Jaitley (28 December 1952 – 24 August 2019) was an Indian politician and attorney. A member of the Bharatiya Janata Party, Jaitley served as the Minister of Finance and Corporate Affairs of the Government of India from 2014 to 2019. Jai ...

launched CriSidEx, India’s first sentiment index for micro and small enterprises (MSEs) developed jointly by CRISIL and SIDBI. 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). 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. 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.

References

{{Financial services in India S&P Global Financial services companies based in Mumbai Indian subsidiaries of foreign companies Credit rating agencies in India 2005 mergers and acquisitions 1987 establishments in Maharashtra Indian companies established in 1987 Financial services companies established in 1987 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange