Recovery Risk Ratings
Recovery Risk Ratings indicate the variability in the extent of recovery from a loan, post default. Our recovery risk rating gives an indication of loss given a default.
The rating conveys CRISIL's opinion on the recoverability on the rated instrument over the long term, post default.
The rating is not a comment on the timeliness of payment.
The key drivers of analysis are:
- Collateral coverage
- Quality of assets
- Seniority of the instrument