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ICRA Full Form

ICRA Full Form

Edited By Team Careers360 | Updated on Jul 03, 2023 11:10 AM IST

What is the full form of ICRA?

ICRA's full form is Investment Information and Credit Rating Agency. Founded in 1991 by leading financial institutions, commercial banks and financial services companies. They are affiliated with Moody's Investors Service, an international rating agency. They are one of ICRA's largest shareholders. The purpose of this partnership is to expand ICRA's internal research capabilities. Moody's provides ICRA with access to a global research base.

ICRA Full Form
ICRA Full Form

Information About ICRA:

  • ICRA is made up of a group of companies including subsidiaries.

  • It is a public limited company and its shares are listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) respectively.

  • It is currently one of the most successful rating agencies in the United States.

  • Evaluates rupee-denominated debt products offered by commercial banks, financial institutions, manufacturing companies, public sector companies and more.

  • It is also affiliated with Moody's Investor Service. One of ICRA's major shareholders is the international credit rating agency Moody's Investor Service.

History of ICRA:

In January 1991, ICRA Ltd became a corporation and began providing credit rating services.

In 1993, The company started an independent and professional investment information service.

In 1995, They launched a credit rating service for small businesses.

In 1996, Contracted with the rating agency Moody for risk management services. In 1998, ICRA introduced a methodology for assessing the solvency of general insurance companies in India.

In 1999, the company became the first Indian credit rating agency to rate all property and casualty insurance companies.

In 2003, ICRA launched the Project Finance Rating Service. The company has entered into a shareholder agreement and subscription agreement with IndiaCapital.

In 2004, Started a mutual fund management quality assessment service.

ICRA Services:

  • Provides information and advice to institutional and individual investors or lenders.

  • Improves the ability of lenders/issuers to access money markets to use large amounts of resources.

  • Helping regulators promote transparency in financial markets.

  • It provides intermediaries with tools designed to improve the efficiency of their funding process.

ICRA Factor:

Our services are designed to

  • Provide information and advice to institutional and individual investors/lenders.

  • Expands the ability of lenders/issuers to access money and capital markets to obtain more resources from a wider range of investors.

  • Provides intermediaries with the tools to improve the efficiency of their funding process, helping regulators promote transparency in financial markets.

Frequently Asked Question (FAQs)

1. What is the full form of ICRA?

ICRA's full form is Investment Information and Credit Rating Agency.

2. When was ICRA established?

Founded in 1991, by leading financial institutions, commercial banks and financial services companies.

3. What are the services of ICRA?

Services of ICRA are:

  • Provides information and advice to institutional and individual investors or lenders. 

  • Improves the ability of lenders/issuers to access money markets to use large amounts of resources. 

  • Helping regulators promote transparency in financial markets. 

  • It provides intermediaries with tools designed to improve the efficiency of their funding process.

4. What is the purpose of ICRA?

The purpose of this partnership is to expand ICRA's internal research capabilities.

5. What is ICRA?

 ICRA is made up of a group of companies including subsidiaries. It is a public limited company and its shares are listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) respectively.

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