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| Rating >> Public Finance Rating |
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| CARE's Public Finance Ratings (PFR) cover ratings of state-owned corporations, municipal corporations and various other local bodies. Ratings assigned are of two types namely ‘stand alone’ ratings, where the strengths and weaknesses of the issuer alone are analysed or ‘Sovereign’ ratings, which also factor in the capabilities of the government. PFR factors include fiscal management & policy objectives of the government coupled with its likely impact. CARE has comprehensive framework for the assessment of the credit quality of states and local bodies which includes: |
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- Administrative & Management Framework
- Economic and Financial Profile
- Peer Comparison on Socio-economic Parameters
- Debt Position & Capital Investment Needs
- Liquidity Position and Quality of Governance
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| For Product Information, please click here. |
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