What is CRISIL rating?

 CRISIL (formerly known as Credit Rating Information Services of India Limited) is a leading credit rating agency in India that provides ratings, research, and risk and policy advisory services to businesses and financial institutions. CRISIL's ratings are widely used by investors, lenders, and other market participants to assess the creditworthiness of companies, bonds, and other securities.

CRISIL's ratings are based on a detailed analysis of the financial and operational performance of the entity being rated, as well as the industry in which it operates. The ratings are designed to provide a forward-looking assessment of the entity's creditworthiness, taking into account its financial strength, stability, and ability to meet its financial obligations.

CRISIL's rating scale consists of various grades, ranging from the highest-quality "CRISIL AAA" rating to the lowest-quality "CRISIL D" rating. Ratings are assigned based on the level of credit risk associated with an entity, with higher-rated entities considered to be less risky and lower-rated entities considered to be more risky.

CRISIL's ratings are widely used by investors, lenders, and other market participants to assess the creditworthiness of companies, bonds, and other securities. They are also used by regulatory authorities and policy makers to monitor the financial health of the markets.