Unit-2: Bond Valuation
Credit rating
Ramesh Kumar
PGDAV College Eve
Rating Methodology
Nature of Industry
Competitive position of the company
Operational efficiency of the company
Promoter and management of the company
Diversification , expansion and modernization
Business risk
Financial risk
Management of company
Regulatory environment
CRISIL
Credit Rating Information Services of India Ltd
Business analysis
Financial analysis
Management evaluation
Regulatory and competitive environment
Fundamentals analysis
ICRA
Investment Information and Credit rating Agency
CARE
Credit Analysis & Research Ltd
Services:
Credit rating
Information services
Preparation of credit report
Equity research