CARE assigns ‘AAA’ rating to LT Debt of Reliance Capital Ltd.    CARE assigns ‘AA’ rating to Upper Tier II Bond issue of Allahabad Bank.    CARE assigns ‘BBB+’ & ‘PR2+’ rating to Bank Loan Facilities of Visa Steel Ltd.     CARE assigns ‘A+’ rating to Bank Loan Facilities of Philips Carbon Black Ltd.     CARE assigns ‘A-’ Rating to the proposed Tier II Bonds and reaffirms the rating outstanding issues of Bank of Rajasthan Ltd.     CARE assigns ‘BBB’ & ‘PR2’ rating to Bank Loan Facilities of Sanwaria Agro Oils Ltd.     CARE assigns ‘BBB’ & ‘PR3’ rating to Bank Loan Facilities of VNR Infrastructures Ltd.     CARE assigns ‘A+’ rating to Secured REdeemabale Bonds/ NCD issue of Orient Paper & Industries Ltd.    CARE assigns ‘A-’ rating to Bank Loan Facilities of Ahmedabad Ring Road Infrastructure Ltd.     CARE assigns ‘A-’ & ‘PR2+’ rating to Bank Loan Facilities of Sanghavi Jewel Pvt. Ltd.    
   
 
CARE's Role in Indian Capital Market
 

Credit Risk is perhaps the most critical risk that debt market investors/lenders are exposed to on day-to-day basis. In a dynamic world a professional credit rating agency can provide substantial value to the markets by providing independent, timely and insightful credit opinions on various securities in the debt markets.

Investor confidence would however remain the touchstone on which credible rating agency can exist. In a maze of investment options, a professional risk opinion can really serve as a valuable input to investors to help them find the right way.

We are committed to provide professional risk opinions and always be the preferred choice of investors. CARE’s services are of immense value to the following:

Investors:
To effectively monitor and manage investments in debt instruments
To draw their credit risk policies and assess the risk premium offered by the market on the basis of credit ratings
Issuers of Debt Instruments:
For wide access to funds
For pricing and timing of issues correctly
For financial flexibility
Financial Intermediaries:
Useful in lending and investments
Business Counterparties:
For establishing business relationships
For opening letters of credit, awarding contracts
For entering into collaboration agreements
Regulators:
To determine eligibility criteria and entry barriers for different types of securities
To monitor financial soundness of organisations and promote efficiency in the debt market

In general, the rating services by CARE increase the transparency of the financial system, leading to a healthy development of the capital market.

 
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