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For further details on Rating Services,

please contact :    Suchita Shirgaonkar

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Rating >> Rating Resources >> Rating Statistics Regulatory Disclosure
Disclosure For The Period Ended March 31, 2011
6.1 Rating Procedure

         Methodology

         Policies And Procedures


6.2 Credit Rating History and Default


6.2.1 Details Of New Credit Ratings Assigned During Last 6 Months

         April 2011 - September 2011
         October 2011 - March 2012


6.2.2(a) Movement Of Each Credit Rating

        April 2011 - September 2011
        October 2011 - March 2012
   
                                                
6.2.2(b) Movement Of Each Credit Rating From Investment Grade To Non Investment Grade And Vice Versa

        April 2011 - September 2011
        October 2011 - March 2012


6.2.2(c) Movement Of Each Credit Rating That Has Moved By More Than One Notch

        April 2011 - September 2011
        October 2011 - March 2012


6.2.3 History Of Credit Ratings Of All Outstanding Securities


6.2.4 List Of Defaults Separately For Each Rating Category


6.2.5 Average Default Rates For The Last Five Financial Year Periods


6.3 Income


6.3.1 General Nature Of Its Compensation Arrangements With The Issuers


6.3.2 Conflict Of Interest Between CARE Ratings And Its Subsidaries

        Not Applicable


6.3.3 Income Disclosures

        6.3.3.1 Income 


6.4 Structured Finance Product


6.4.1 Compliant


6.4.2 Compliant


6.5 Unsolicited Credit Ratings 

     CARE Ratings Does Not Carry Out Any Unsoliicited Credit Ratings


6.6 Share Holding Of CARE Ratings


6.7 Compliance Status Of IOSCO Code Of Conduct 


CARE Ratings is Compliant With IOSCO Code Of Conduct.



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