ICRA RATING PROCESS
With the best of our knowledge and expertise, ICRA will definitely deliver a high-quality and trustworthy report which will be conducted, evaluated and presented by our highly qualified credit risk team.
- Initial Document Collection And Screening
- Icra Rating Initiation
- Sharing The Rating Report And Certificate
- Rating Committee Approval
Icra Credit Rating Scales
| Category | Scales | Description |
|---|---|---|
| Extremely Low Credit Risk | AAA | The Entity Is In An Exceptionally Stable And Strong Position To Fulfil Its Financial Commitments. There Is A Zero Or Minimal Risk Of Being Adversely Affected By Foreseeable Events. |
| Very Low Credit Risk | AA | The Entity Is In A Highly Stable And Strong Position To Fulfil Its Financial Commitments. There Is A Low Risk Of Being Adversely Affected By Foreseeable Events. |
| Low Credit Risk | A | The Entity Is In A Stable And Strong Position To Fulfil Its Financial Commitments. There Is A Marginal Risk Of Being Adversely Affected By Foreseeable Events. |
| Moderate Credit Risk | BBB | The Entity Has A Controllable Risk Level To Fulfil Its Financial Commitments. There Is A Moderate Risk Of Being Adversely Affected By Foreseeable Events |
| Elevated Credit Risk | BB | The Entity Has Considerable Risk Level To Fulfil Its Financial Commitments. There Is A Considerable Risk Of Being Adversely Affected By Foreseeable Events. |
| Substantial Credit Risk | B | The Entity Has A High-risk Level Of Fulfilling Its Financial Commitments. There Is A High Risk Of Being Adversely Affected By Foreseeable Events. |
| Very High Credit Risk | CCC | The Entity Is In A Doubtful Position To Fulfil Its Financial Commitments. There Is A Significantly High Risk Of Being Adversely Affected By Foreseeable Events. |
| Extremely High Credit Risk | CC | The Entity Is In A Highly Unlikely Position To Fulfil Its Financial Commitments. The Entity Has A High Vulnerability To Being Adversely Affected By Foreseeable Events. |
| On The Vergeof Default | C | The Entity Is Incapable Of Fulfilling Its Financial Commitments And Is On The Verge Of Default. The Continuity Of The Business Is Highly Doubtful. |
| Default Entity | D | The Entity Is Already Defaulted On Or In The Process Of Bankruptcy Filing, Liquidation, Or Winding Up Procedures. |
| No Rating Assigned | NRA | A Rating Has Not Been Assigned Due To Insufficient Information, Legal Or Regulatory Requirements, A Lack Of Reliability Of Information, Or A New Or Unique Entity Structure |
Category
- Extremely Low Credit Risk
- Very Low Credit Risk
- Low Credit Risk
- Moderate Credit Risk
- Elevated Credit Risk
- Substantial Credit Risk
- Very High Credit Risk
- Extremely High Credit Risk
- On The Vergeof Default
- Default Entity
- No Rating Assigned
Scales
- AAA
- AA
- A
- BBB
- BB
- B
- CCC
- CC
- C
- D
- NRA
Description
- The Entity Is In An Exceptionally Stable And Strong Position To Fulfil Its Financial Commitments. There Is A Zero Or Minimal Risk Of Being Adversely Affected By Foreseeable Events.
- The Entity Is In A Highly Stable And Strong Position To Fulfil Its Financial Commitments. There Is A Low Risk Of Being Adversely Affected By Foreseeable Events.
- The Entity Is In A Stable And Strong Position To Fulfil Its Financial Commitments. There Is A Marginal Risk Of Being Adversely Affected By Foreseeable Events.
- The Entity Has A Controllable Risk Level To Fulfil Its Financial Commitments. There Is A Moderate Risk Of Being Adversely Affected By Foreseeable Events
- The Entity Has Considerable Risk Level To Fulfil Its Financial Commitments. There Is A Considerable Risk Of Being Adversely Affected By Foreseeable Events.
- The Entity Has A High-risk Level Of Fulfilling Its Financial Commitments. There Is A High Risk Of Being Adversely Affected By Foreseeable Events.
- The Entity Is In A Doubtful Position To Fulfil Its Financial Commitments. There Is A Significantly High Risk Of Being Adversely Affected By Foreseeable Events.
- The Entity Is In A Highly Unlikely Position To Fulfil Its Financial Commitments. The Entity Has A High Vulnerability To Being Adversely Affected By Foreseeable Events.
- The Entity Is Incapable Of Fulfilling Its Financial Commitments And Is On The Verge Of Default. The Continuity Of The Business Is Highly Doubtful.
- The Entity Is Already Defaulted On Or In The Process Of Bankruptcy Filing, Liquidation, Or Winding Up Procedures.
- A Rating Has Not Been Assigned Due To Insufficient Information, Legal Or Regulatory Requirements, A Lack Of Reliability Of Information, Or A New Or Unique Entity Structure