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About the NSIC - CRISIL Ratings

CRISIL is the pioneer of independent credit ratings in India. In association with NSIC, CRISIL is now rating Small Scale Industries (SSIs) on a special rating scale, using criteria tailored for the small-scale sector. The fees for this rating are presently subsidised by the Government, making it a unique opportunity for small enterprises to get themselves rated.
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Benefits

When you go in for a rating from a credible agency, you improve your standing with bankers, customers, suppliers and employees. Specifically, an NSIC-CRISIL rating will bring you the following benefits:
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Credibility with banks: A good rating from CRISIL carries weight with lenders, and can help you get faster and cheaper credit. The Indian Banks' Association (IBA) has endorsed the NSIC-CRISIL rating, and informed its member banks of the same. CRISIL has entered into a Memorandum of Understanding (MoU) with the following banks for rating their SSI customers at concessional fees
Allahabad Bank Punjab National Bank
Bank of Baroda State Bank of India
Bank of India State Bank of Indore
Bank of Maharashtra State Bank of Mysore
Canara Bank State Bank of Hyderabad
Corporation Bank State Bank of Saurashtra
Dena Bank Syndicate Bank
Federal Bank UCO Bank
HDFC Bank United Bank of India
Indian Bank Union Bank of India
Indian Overseas Bank Vijaya Bank

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Confidence building with business partners: Your NSIC - CRISIL Performance rating is an indicator of your performance capability and financial strength. A good rating gives comfort to lenders, customers, and suppliers.
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Self - improvement tool: With its rating, CRISIL gives you a detailed analytical report on your company's strengths and weaknesses. The report will help you strengthen your operations and improve the working of your company. This insightful, credible and independent feedback is supported by the strongest industry and company research in India.

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Improved visibility: With the CRISIL rating, your company will get a free listing in CRISIL's RatingScan, a publication that is used as a reference for lending decisions by banks. We will also feature your company on CRISIL's website.
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Why CRISIL

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India's leading Ratings, Research, Risk and Policy Advisory company:
CRISIL leads the market in depth of analysis and sophistication of approach. A rating from CRISIL is a stamp of quality from the most renowned rating agency in India.

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Association with Standard & Poor's
CRISIL's majority shareholder is Standard & Poor's, the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. Leading corporations worldwide are rated by Standard & Poor's. S&P's Credit Risk Tracker (CRT) has analysed about one million SMEs in Europe.

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Value-driven approach
All CRISIL businesses operate on the core values of Analytical Rigour, Independence, Integrity, Innovation, and Commitment. CRISIL's consistent adherence to these principles is recognised by users of its ratings, and has been the key factor that makes CRISIL the leading player in its field.
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