| Rating | Description |
|---|---|
| CRISIL EL 1 | Instruments rated ‘EL 1’ are considered to have the lowest expected loss, over the life of the instrument |
| CRISIL EL 2 | Instruments rated ‘EL 2’ are considered to have very low expected loss, over the life of the instrument |
| CRISIL EL 3 | Instruments rated ‘EL 3’ are considered to have low expected loss, over the life of the instrument |
| CRISIL EL 4 | Instruments rated ‘EL 4’ are considered to have moderate expected loss over the life of the instrument |
| CRISIL EL 5 | Instruments rated ‘EL 5’ are considered to have high expected loss, over the life of the instrument |
| CRISIL EL 6 | Instruments rated ‘EL 6’ are considered to have very high expected loss, over the life of the instrument |
| CRISIL EL 7 | Instruments rated ‘EL 7’ are considered to have highest expected loss, over the life of the instrument |
Pursuant to SEBI circular dated July 16, 2021, ‘Introduction of Expected Loss (EL) based Rating Scale and Standardisation of Rating Scales Used by Credit Rating Agencies’, CRISIL Ratings has aligned the EL scale with that introduced by SEBI. So the earlier rating of ‘CRISIL INFRA EL 1’ will now correspond to ‘CRISIL EL 1’ and so on
To get a copy of rating reports, please email us at:
crisilratingdesk@crisil.com
For analytical queries, please email us at:
ratingsinvestordesk@crisil.com
For any other information, please call or email us at:
+1800 267 1301
crisilratingdesk@crisil.com
