CRISIL

CRISIL, formerly known as The Credit Rating Information Services of India Limited, was established in 1987 in Mumbai, India. The company was promoted by the erstwhile Industrial Credit and Investment Corporation of India (ICICI) Ltd, Unit Trust of India (UTI), and other financial institutions. This initiative was born out of a need to rate debt instruments in the Indian market, a function it pioneered in the country. A significant milestone in its history is the acquisition of a majority stake by the global rating agency Standard & Poor's (S&P), making S&P Global the majority shareholder.

The company operates as a global analytics firm, providing a wide array of services including ratings, research, risk management, and policy advisory. Its business model is diversified, generating revenue through these various service lines. The client base is extensive, encompassing corporations, financial institutions, governments, and investors worldwide. CRISIL plays a crucial role in the financial markets by providing independent opinions and efficient solutions, which help in managing risk, making informed investment decisions, and enhancing transparency.

CRISIL's core offerings are segmented into Ratings and Analytics. The Ratings division provides credit ratings for a vast range of debt instruments and financial entities, serving as a benchmark for credit risk in India. The Analytics division offers a suite of products and services, including global research and analytics for financial institutions and corporations. This includes portfolio analytics, risk and compliance solutions, and valuation services. One of its key business units, CRISIL Market Intelligence & Analytics, delivers research, data, and analytics to a diverse clientele including investors, financial institutions, and policymakers. The firm's business intelligence and risk management tools help clients to identify growth opportunities, manage and price risk, and improve their operational efficiency.

Keywords: credit rating, financial analytics, risk management, market intelligence, policy advisory, debt instruments, investment research, S&P Global, business intelligence, India