Achievements
2013 onwards
    • CARE Ratings signs MoU with Tresata Inc a world leader in AI software.
    • CARE Ratings signs MoU with Russian Rating Agency - Analytical Credit Rating Agency (ACRA).
    • CARE Ratings assigned India’s First Consumer Durable Asset Pool Securitisation Rating.
    • Winner of The Financial Express CFO Platinum Award (1st rank in services category for companies with turn-over of less than 500 crore)
    • Launched “Expected Loss” rating for Infrastructure Projects
    • Launched CARE Advisory Research and Training Ltd, a subsidary of CARE Ratings, which Provides Financial Advisory and Management Consultancy services
    • CARE Ratings signs MoU to establish Credit Rating Agency in Nepal
    • CARE Ratings enters into a strategic alliance with Japan Credit Rating Agency, Ltd. (JCR) – 29/12/2015
    • Obtained a license for doing business in Mauritius and will operate under the banner of CARE Ratings (Africa) Private Limited (CRAF). CRAF was launched on 3rd August 2015.
    • Empanelled by Government of Karnataka for rating of Tourism sector in the state
    • Rated the first Green Infrastructure bond
    • Launched rating of Real Estate Investment Trusts (REITs)
    • Developed and launched a Debt Quality Index called CDQI. The Index denotes the quality of debt in the country that can be interpreted over time and juxtaposed with other developments in the financial sector.
    • In terms of rating business penetration attained highest share in BS top 1000 companies (45%), ET top 500 companies (54%) and FE top 500 companies (52%).
    • Partnered with four other domestic credit rating agencies in Brazil, Malaysia, Portugal and South Africa, to form an international credit rating agency called ARC Ratings.ARC Ratings was launched on January 2014 in London
    • Assigned rating to India’s first Alternate Investment Fund (AIF)
    • Rated India’s First Securitization Transaction backed by Mortgage Guarantee
2009
2012
    • Founding member of Association of Credit Rating Agency in Asia (ACRAA)
    • Launched Corporate Governance and Value Creation Rating
    • Signed MOU with NSIC for empanelment as an approach rating agency for small scale industries
2005
2008
    • IPO grading launched
    • Received ECAI recognition
    • Signed MOU with 19 banks to provide rating facilities under BASE II
    • Received mandate from Ministry of Urban Development for rating 13 ULBs under JNNURM
    • Completed 5,000 assignments
2001
2004
  • Founding member of Association of Credit Rating Agency in Asia (ACRAA)
  • Launched Corporate Governance and Value Creation Rating
  • Signed MOU with NSIC for empanelment as an approach rating agency for small scale industries
1997
2000
    • Launched ‘CARE Loan Ratings’ for rating term loans
    • Ventured into Advisory business and bagged 13 assignments
    • Initially started rating for Debt Mutual Funds
    • Obtained registration with SEBI when rating agencies came under its purview