ICRA Full Form: Function, Features, Significance

ICRA Full Form
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ICRA is an independent and professional agency. The full form of ICRA is Investment Information and Credit Rating Agency. It was established in 1991 as IICRA India, Investment Information and Credit Rating Agency of India. The company provides credit ratings to various companies associated with debt obligations and issues. Read on to find out more about ICRA’s full form, history, features, and other details.

What is the Full Form of ICRA?

The full form of ICRA is Investment Information and Credit Rating Agency. It operates as a public limited company with shares listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Today, it is one of India’s most successful credit rating agencies.

ParticularsDetails
ICRA Full FormInvestment Information and Credit Rating Agency
Company Type, IndustryPublic Limited, Financial Services
Founded1991
Services OfferedCredit Ratings, Financial Consultancy

Significance of ICRA

ICRA is significant in terms of its position for the services provided. From rating rupee-denominated debt instruments to providing advisory and consultancy services, it has an important role to play in the fin-tech industry-

  • CRA assists regulatory authorities in promoting transparency within the financial market.
  • They offer advice and consultancy services to investors and creditors.
  • ICRA rates rupee-denominated debt instruments issued by commercial banks, financial institutions, manufacturing firms, and government undertakings.

Also Read: Check out the full form of CIF, its meaning, benefits, and how to find it. Know whether CIF should be confidential or be disclosed.

Features of ICRA

ICRA functions as an independent credit rating agency, free from any affiliation with specific issuers or financial institutions. This ensures objectivity and unbiased ratings and research. Check out some of the other features of Investment Information and Credit Rating Agencies-

  • ICRA employs experienced professionals with in-depth knowledge of the industries and sectors it covers. This expertise allows them to deliver accurate and insightful ratings and research services to their clients.
  • ICRA covers a broad spectrum of industries and sectors, encompassing infrastructure, banking, finance, manufacturing, and more. This enables them to cater to a diverse clientele with their ratings and research services.
  • The credit rating process is completely transparent. Their ratings and methodologies are readily available to the general public.

Also Read: Check out the full form of PAN. Know its importance, eligibility, and how to apply for smooth tax filing and other purposes.

Services Offered by Investment Information and Credit Rating Agency 

ICRA provides valuable insights and guidance to both institutional and individual investors, helping them make informed investment decisions. Here’s the list of services offered by them-

  • ICRA works to improve the ability of lenders and borrowers to connect within the financial markets, ensuring efficient allocation of capital.
  • ICRA assists regulatory bodies in promoting clarity and transparency within the financial market, fostering trust and stability.
  • ICRA offers tools and resources designed to improve the effectiveness of fundraising processes for intermediaries.

This was all about the full form of ICRA, its features, significance, services offered, and other details. To know more about education loans, the best bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.

FAQs

What is the full form of ICRA?

The full form of ICRA is Investment Information and Credit Rating Agency. It was established in 1991 as IICRA India, Investment Information and Credit Rating Agency of India.

What are the services offered by ICRA?

ICRA provides valuable insights and guidance to both institutional and individual investors, helping them make informed investment decisions. ICRA also offers tools and resources designed to improve the effectiveness of fundraising processes for intermediaries.

How does ICRA work?

ICRA functions as an independent credit rating agency, free from any affiliation with specific issuers or financial institutions. This ensures objectivity and unbiased ratings and research. 

What are the industries served by ICRA?

ICRA covers a broad spectrum of industries and sectors, encompassing infrastructure, banking, finance, manufacturing, and more. This enables them to cater to a diverse clientele with their ratings and research services.

What is the significance of ICRA?

ICRA assists regulatory authorities in promoting transparency within the financial market. It also rates rupee-denominated debt instruments issued by commercial banks, financial institutions, manufacturing firms, and government undertakings.

What are some other credit rating agencies other than ICRA?

Some of the top credit rating agencies in India other than ICRA are CRISIL (Credit Rating Information Services of India Limited), CARE (Credit Analysis and Research Limited), India Ratings and Research Private Limited and Acuite Ratings and Research Limited.

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About Shubhika Garg

Hey there! I'm Shubhika- a proud graduate in English Literature and Language from Delhi University. My journey as a content writer transitioned from online teacher into the world of words. Stepping into the domain of blogs and articles, I discovered my passion for writing growing deeper and stronger. Having said that, I have experience of writing for diverse industries in automobile, technology, ed-tech, finance and mental-health; crafting details to help you find the solution to what you are looking for. Join me as I invite you all explore and learn together.

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