Infomerics gets RBI’s accreditation

0
16
Vipin Malik (Mentor & Director- INFOMERICS

 

Vipin Malik (Mentor & Dir- INFOMERICS

Infomerics Rating has received the approval from Reserve Bank of India to work as full-service rating firm. Following this approval, it has joined the league of Care Ratings, Crisil, ICRA, India Ratings, Brickwork Ratings and SMERA as the full-service firm.

RBI’s accreditation enables Infomerics’ ratings of bank loans and/or bank facilities to be recognized for capital allocation under Basel norms.

“Banks may use the ratings of the Infomerics Valuation and Rating Pvt Ltd for the purpose of risk weighting their claims for capital adequacy purposes,” RBI said in a note.

The company has been rating various money market & capital market instruments and carrying out issuer ratings for the last two years.

Integrated Financial Omnibus Metrics Research of International Corporate Systems (INFOMERICS) analyzes and evaluates the creditworthiness of Banks, NBFCs, Large Corporates and Small & Medium Scale Units which plays a key role to the financial markets by helping to reduce the information asymmetry among varied lenders and investor and facilitates borrowers/issuers to various fund raising opportunities/avenues.

Print

Leave a Reply