CRISIL

{{Short description|Indian company providing analytical services}}

{{Use Indian English|date=June 2023}}

{{Use dmy dates|date=May 2020}}

{{primary sources|date=September 2017}}

{{Infobox company

| name = CRISIL Limited

| logo = S&P CRISIL logo.png

| image =

| former_name = Credit Rating Information Services of India Limited

| type = Public subsidiary

| traded_as = {{BSE|500092}}
{{NSE|CRISIL}}

| foundation = {{start date and age|1987}}{{cite web|url=http://crisil.com/about-crisil/our-history.html |title=CRISIL – History |publisher=crisil.com |access-date=20 November 2013}}

| founder =

| location = Mumbai, Maharashtra, India

| caption =

| key_people = Amish Mehta (MD & CEO){{cite news |title=Amish Mehta is new Crisil CEO |url=https://timesofindia.indiatimes.com/business/india-business/amish-mehta-is-new-crisil-ceo/articleshow/86664810.cms |access-date=1 October 2021 |publisher=Times of India}}
Sanjay Chakravarti (CFO)

| num_employees =

| industry =

| services = Ratings, data, research, analytics and solutions

| revenue = {{increase}} {{INRConvert|2076.3|c}} (December 2020){{cite web|url=https://www.crisil.com/en/home/newsroom/press-releases/2021/02/crisil-limited-audited-financial-results-11022021.html|title=December 2020 results|publisher=CRISIL Ltd|access-date=31 December 2020}}

| net_income = {{profit}} {{INRConvert|354.7|c}} (December 2020)

| assets =

| operating_income =

| equity =

| parent = S&P Global (66%)

| website = {{Official url}}

}}

CRISIL Limited, 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.{{cite web|url=http://crisil.com/about-crisil/about-overview.html|title=CRISIL – Overview|publisher=crisil.com|access-date=20 November 2013|archive-url=https://web.archive.org/web/20101028054314/http://www.crisil.com/about-crisil/about-overview.html|archive-date=28 October 2010|url-status=dead}}

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.{{cite book |last1=Singh |first1=Ramesh |title=Indian economy for civil services, Universities and other examinations |publisher=McGraw Hill Education (India) Private Limited |isbn=978-93-5316-636-6 |page=12.26–12.27|edition=11th |date=2017|url=https://books.google.com/books?id=bmovDwAAQBAJ}}{{cite web |url=http://crisil.com/about-crisil/about-overview.html |title=About CRISIL |publisher=crisil.com |access-date=20 November 2013 |archive-url=https://web.archive.org/web/20101028054314/http://www.crisil.com/about-crisil/about-overview.html |archive-date=28 October 2010 |url-status=dead }}

{{As of|2020|12}}, the company has revenue of {{INRConvert|20763|m|year=2020}}, net income of {{INRConvert|3547|m|year=2020}}. It is also India's largest ratings company, and {{As of|2022|3|lc=y}}, it had a market cap of {{INRConvert|23429|c}}.{{Cite web |title=CRISIL Ltd financial results and price chart – Screener |url=https://www.screener.in/company/CRISIL/consolidated/ |access-date=2022-03-28 |website=screener.in}}

In April 2024, Crisil Received SEBI Approval for ESG Scoring in India.{{cite web |title=Crisil's ESG Ratings Unit Receives SEBI Approval for ESG Scoring in India |url=https://www.brutimes.com/news/business/crisils-esg-ratings-unit-receives-sebi-approval-for-esg-scoring-in-india |website=Bru Times News |language=en}}

News

The former Union Minister for Finance and Corporate Affairs Arun Jaitley launched CriSidEx India's first sentiment index for micro and small enterprises (MSEs) developed jointly by CRISIL and SIDBI.{{cite web| url =https://www.business-standard.com/article/economy-policy/msmes-get-a-boost-jaitley-launches-india-s-first-sentiment-index-crisidex-118020400064_1.html|title=MSMEs get a boost: Jaitley launches India's first sentiment index CriSidEx |publisher =Business Standard |date =4 February 2018}}

CriSidEx is a composite index based on a diffusion index of 8 parameters and measures MSE business sentiment on a scale of 0 (extreme negative) to 200 (extreme positive).{{cite web| url =https://www.livemint.com/Money/TxoEaqkRbBp0FvlZs2ahsI/Jaitley-launches-CriSidEx-says-economy-witnessing-a-phase-o.html|title=Jaitley launches CriSidEx, says economy witnessing a phase of consolidation |publisher =LiveMint|author=Komal Gupta |date =3 February 2018}} CriSidEx will have two indices, one for the 'survey quarter' and another for 'next quarter' once a trend emerges after few rounds of the survey, providing independent time series data. The parametric feedback was captured through a survey of 1100 MSEs in November –December.

In February 2020, Crisil completed the acquisition of Greenwich Associates LLC, a provider of proprietary benchmarking data, analytics, and qualitative insights to financial services firms.{{Cite news|url=https://economictimes.indiatimes.com/markets/stocks/news/crisil-completes-acquisition-of-greenwich-associates/articleshow/74313908.cms|title=Crisil completes acquisition of Greenwich Associates|date=26 February 2020|work=The Economic Times|access-date=28 February 2020}}

References

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