What does CRISIL mean in Companies & Firms?
This page is about the meanings of the acronym/abbreviation/shorthand CRISIL in the Business field in general and in the Companies & Firms terminology in particular.
Credit Rating Information Services of India Ltd
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Definition
What does CRISIL mean?
- CRISIL
- CRISIL (formerly Credit Rating Information Services of India Limited) is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American company S&P Global.CRISIL, was the first credit rating agency in India, introduced in 1988 by the ICICI and UTI jointly with share capital coming from SBI, LIC and United India Insurance Company. In April 2005, US based credit rating agency S&P acquired the majority shares of company.As of December 2020, the company has revenue of ₹20,763 million (US$260 million), net income of ₹3,547 million (US$44 million). Crisil is also India's largest ratings company and as of March 2022, has market cap of ₹23,429 crore rupees.
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"CRISIL." Abbreviations.com. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.abbreviations.com/term/1577007>.
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