Which credit rating agencies are authorized by RBI to provide a credit rating for Commercial Papers?

Which credit rating agencies are authorized by RBI to provide a credit rating for Commercial Papers?


Following Credit rating agencies are authorized by RBI to provide a credit rating for Commercial Papers:

1) CRISIL (Credit Rating Information Services of India Ltd.)

2) ICRA (Investment Information and Credit Rating Agency of India Ltd.)

3) CARE (Credit Analysis and Research Ltd.)

4) FITCH Rating India Ltd.
Who can invest in commercial papers?
Following persons can invest in commercial papers:…
What is the nature of a commercial paper?
Nature of a commercial paper - It can be issued for the maturity period of 7 days to 1 year….
What is the process for issuing commercial papers?
Every company issuing the CP should appoint a scheduled bank as the issuing and paying agent….
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