CRISIL Ratings Limited 
(A subsidiary of CRISIL Limited)

We pioneered credit rating in India in 1987, and emerged a leader with our independent, analytical rigour and innovation. As a full-service rating agency, we rate the entire gamut of debt instruments. We’ve not only set business standards but also instituted several innovations with our best practices.


We serve lenders, investors, issuers, market intermediaries and regulators by covering manufacturing companies, banks, NBFCs, PSUs, financial institutions, state governments, urban local bodies, and mutual funds.


Issuers and borrowers leverage our ratings for enhancing their access to funding, widening range of funding alternatives, and optimising cost of funds. Investors and lenders use our ratings to supplement their internal evaluation process and benchmark credit quality across investment options. Our ratings act as benchmarks for pricing and trading of debt instruments for markets at large.


Board of Directors


Board Committees and Policies

Corporate Sector

Pioneered corporate sector ratings in India in 1988

Financial Sector

First to assign a financial sector entity rating in 1989

Structured Finance

Leaders in Indian securitization rating market

Other Ratings

Know more about our other ratings


Latest from CRISIL Ratings


Our views on investment in real estate or infrastructure assets

Infra EL

Independent assessment of issuances in infrastructure projects

Insurance Hybrids

Rating of subordinated debt & preference shares of insurance companies


  • To get a copy of rating reports, please email us at:

  • For analytical queries, please email us at:

  • For any other information,  please call or email us at:
    +1800 267 1301

CRISIL Ratings Limited

  • Address of the registered office:
    CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai 400076 IN

  • Corporate Identity number:

  • Fax number:
    +91 22 3342 3001