what is credit rating and is there any fixed procedure to rate a company?

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what is credit rating and is there any fixed procedure to rate a company?

2007-01-04 19:30:32 · 2 answers · asked by manoj s 1 in Business & Finance ➔ Credit

2 answers

credit rating indicates a company's ability to pay credits. If credit rating is good the one who lends money to that company has some security(?). If credit rating is good it gets loans fast and with less interest rates.

ICRA and CRISIL give the credit rating to the companies and even for countries also.

The exact procedure I dont know but it is a measurement of financial healthiness of a company/country

2007-01-08 13:07:47 · answer #1 · answered by abcdefg 5 · 0⤊ 0⤋

Long in on to CRISIL site or ICRA web site.

2007-01-04 19:38:04 · answer #2 · answered by auditorsudhakar 3 · 0⤊ 0⤋