CRISIL pioneered the concept of ratings for the SME sector in India, and, presently, within a span of just five years, has the largest number of ratings on the SME sector in the world. As on December 31, 2011, we had more than 16644 ratings (including over 8000 SMEs) outstanding. CRISIL's SME ratings are affordable and tailor-made services designed for SMEs.
Credit evaluation in the SME sector needs a specialised approach, as the issues and drivers of credit quality are different from those applicable for large companies. Understanding this distinction, CRISIL introduced the concept of SME credit ratings in India, designed exclusively for small enterprises, in 2005. Today CRISIL provides the widest coverage of SME rating in India.
Under SME Ratings, CRISIL has five distinct offerings:
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