Download or read book Credit Rating in India written by Mamta Arora and published by . This book was released on 2003-01-01 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Credit rating system started in India in 1987 when the first credit rating agency was established in the country, namely The Credit Rating Information Services of India Limited (CRISIL). In tandem with the progress of economic liberalisation since 1991, the credit rating industry has also spread its wings and is now an integral part of the Indian financial system. Although a relatively new concept, credit rating has caught the fancy of financial analysts who are ever eager to develop new methods to rate corporate debt, keeping in mind the domestic business environment and the psychology of the Indian investor. This book is unique because it not only examines the existing practices of credit rating in India but also evaluates the performance of the Indian credit rating agencies themselves.

Download or read book The Indian Financial System Markets Institutions and Services written by Bharati V. Pathak and published by Pearson Education India. This book was released on 2010 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Credit Rating Agencies in India written by Bheemanagouda and published by . This book was released on 2011 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Creditability of Credit Rating Agencies written by Abhisar Singh and published by . This book was released on 2013 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Credit rating is an "opinion regarding the creditworthiness of an entity, a debt or financial obligation, debt security, preferred share or other financial instrument, or of an issuer of such a debt or financial obligation, debt security, preferred share or other financial instrument, issued using an established and defined ranking system of rating categories” and Credit rating agency is “a legal person whose occupation includes the issuing of credit ratings on a professional basis.”In this paper the author analyses the functioning of credit rating agencies in India, obligations upon a credit rating agency, creditability of credit rating agencies and in the end author concludes the article.

Download or read book Unlock the Power of Your Credit Score written by Arun Ramamurthy and published by Notion Press. This book was released on with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlock the Power of your Credit Score is India's first book on credit scores. CIBIL Scores and Credit Reports have become an integral part of our lives. With around 28 crore people in India having a credit score and a very small number among them understanding its true importance, this book is an endeavor to demystify the “Credit Score” and guide people on how they can harness its true potential.

Download or read book Credit Rating Agencies in India written by Kuljeet Kaur and published by LAP Lambert Academic Publishing. This book was released on 2013 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book talks about the four major Credit Rating Agencies in India including CRISIL, ICRA, CARE and FITCH. It gives a detailed information regarding operations undertaken by these rating agencies. The regulatory environment affecting the credit rating activities in India has been discussed in the book. The methodology adopted by Credit Rating Agencies while rating and variability in rating over the period has also been analysed in the book. The book evaluates the post rating performance of various companies rated by the given rating agencies. In addition the perceptions of investors regarding credit rating practices in India has also been covered in the book.

Download or read book Credit Rating Agencies in India written by Tarun Jain and published by . This book was released on 2008 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Credit Rating Agencies (CRAs) influence investor behavior and regulate issuers' access to financial markets and thus, they act as markets' gatekeepers. Further, given the statutory requirements for rating of securities before trading can commence thereon, CRAs occupy an intriguing inter-twined position of quasi-public regulators charged with the implementation of good governance norms and informational intermediaries seeking to protect the investors by purging the markets of information asymmetry. However, the conflict of interest issues add complexity to this scenario and the role of CRAs, after their complicity in the sub-prime mortgage crisis, is being debated internationally.In this paper we examine the role and positioning of the CRAs in the capital markets of India, with a critical eye to SEBI (Credit Rating Agencies) Regulations, 1999, the regulatory framework governing the CRAs. We ferret out the shortfalls that the existing framework carries and taking cues from the US Nationally Recognized Statistical Rating Organizations (NRSROs) model and also the standards proposed by International Organization for Securities Commissions (IOSCO), present a case for reform of the existing framework for CRA regulation in India. The chapterization is as follows:(I) Introduction (II) Credit Ratings and Credit Rating Agencies: Pivotal for Good Governance?(III) Rating Agency Failures: Imprimatur for Regulatory Oversight?(IV) Regulating Credit Rating Agencies: Lessons from Abroad(V) Regulatory Framework for Credit Rating Agencies in India(VI) The Road to Reform in India(VII) Conclusion.

Download or read book Credit Rating Governance written by Ahmed Naciri and published by Routledge. This book was released on 2015-01-30 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Credit rating agencies play an essential role in the modern financial system and are relied on by creditors and investors on the market. In the recent financial crisis, their power and reliability were often questioned, yet a simple rating downgrade could threaten to bankrupt a whole country. This book examines the governance of credit rating agencies, as expressed by their ability to fairly, ethically and consistently assign higher rates to issuers having lesser default risks. However, factors such as the drive for increased revenue and market share, the inadequate business model, the inadequate methodology of assessing risk, opacity and inadequate internal monitoring have all been identified as critical governance failures for credit agencies. This book explores these issues, and proposes some potential solutions and improvements. This will be of interest to researchers and advanced students of corporate finance, finance, financial economics, risk management, investment management, and banking.

Download or read book Financial Services In India written by G. Ramesh Babu and published by Concept Publishing Company. This book was released on 2005 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Rating Agencies and Their Credit Ratings written by Herwig Langohr and published by John Wiley & Sons. This book was released on 2010-04-01 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Credit rating agencies play a critical role in capital markets, guiding the asset allocation of institutional investors as private capital moves freely around the world in search of the best trade-off between risk and return. However, they have also been strongly criticised for failing to spot the Asian crisis in the early 1990s, the Enron, WorldCom and Parmalat collapses in the early 2000s and finally for their ratings of subprime-related structured finance instruments and their role in the current financial crisis. This book is a guide to ratings, the ratings industry and the mechanics and economics of obtaining a rating. It sheds light on the role that the agencies play in the international financial markets. It avoids the sensationalist approach often associated with studies of rating scandals and the financial crisis, and instead provides an objective and critical analysis of the business of ratings. The book will be of practical use to any individual who has to deal with ratings and the ratings industry in their day-to-day job. Reviews "Rating agencies fulfil an important role in the capital markets, but given their power, they are frequently the object of criticism. Some of it is justified but most of it portrays a lack of understanding of their business. In their book The Rating Agencies and their Credit Ratings, Herwig and Patricia Langohr provide an excellent economic background to the role of rating agencies and also a thorough understanding of their business and the problems they face. I recommend this book to all those who have an interest in this somewhat arcane but extremely important area." -Robin Monro-Davies, Former CEO, Fitch Ratings. "At a time of unprecedented public and political scrutiny of the effectiveness and indeed the basic business model of the Credit Rating industry, and heightened concerns regarding the transparency and accountability of the leading agencies, this book provides a commendably comprehensive overview, and should provide invaluable assistance in the ongoing debate." -Rupert Atkinson, Managing Director, Head of Credit Advisory Group, Morgan Stanley and member of the SIFMA Rating Agency Task Force "The Langohrs have provided useful information in a field where one frequently finds only opinions or misconceptions. They supply a firm base from which to understand changes now underway. A well-read copy of this monograph should be close to the desk of every investor, issuer and financial regulator, legislator or commentator." -John Grout, Policy and Technical Director, The Association of Corporate Treasurers

Download or read book New Instruments of Finance in India written by S. S. Kaptan and published by Sarup & Sons. This book was released on 2001 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Independence of Credit Rating Agencies written by Gianluca Mattarocci and published by Academic Press. This book was released on 2013-10-22 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Independence of Credit Rating Agencies focuses on the institutional and regulatory dynamics of these agencies, asking whether their business models give them enough independence to make viable judgments without risking their own profitability. Few have closely examined the analytical methods of credit rating agencies, even though their decisions can move markets, open or close the doors to capital, and bring down governments. The 2008 financial crisis highlighted their importance and their shortcomings, especially when they misjudged the structured financial products that precipitated the collapse of Bear Stearns and other companies. This book examines the roles played by rating agencies during the financial crisis, illuminating the differences between U.S. and European rating markets, and also considers subjects such as the history of rating agencies and the roles played by smaller agencies to present a well-rounded portrait. Reports on one of the key causes of the 2008 financial crisis: agencies that failed to understand how to analyze financial products Describes inherent business model and pricing conflicts that compromise the independence of credit rating agencies Reveals how rating agencies large and small, regulatory bodies, and vested interests interact in setting fees and policies

Download or read book THE FINANCIAL SYSTEM IN INDIA written by DAS, SUBHASH CHANDRA and published by PHI Learning Pvt. Ltd.. This book was released on 2015-08-31 with total page 1266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive book critically examines and presents in detail, a conceptual framework on various components/structures of a formal financial system which includes financial institutions, financial markets, financial instruments/securities, financial services, financial regulations and regulatory authorities. It brings to its readers the ever-changing organisational, structural, institutional, regulatory and policy developments in the financial sector of India. The book contains 36 chapters divided in 6 parts. Part A, Financial System, comprising 3 chapters, provides an overview of the Indian financial system, economic development and the financial sector reforms in India. Part B, Financial Markets contains 11 chapters to provide an in-depth analyses of different elements of Indian financial markets. Part C, Financial Instruments comprises 3 chapters to deal with instrumentation side of the financial system. Part D, Financial Institutions, includes 7 chapters to provide an in-depth knowledge about institutions functioning in the financial system. Part E, Financial Servicescomprises 10 chapters to put readers’ attention towards financial services that do facilitate the components of core financial system. Part F, Financial Regulationsincludes 2 chapters to deliberate on the financial regulations and the role of regulatory authorities. The book is designed as an essential textbook for a course on Indian Financial System for both undergraduate and postgraduate students of management, economics, finance and commerce as well as other related professional courses, like ICAI, ICWAI, ICSI, ICFAI, and CAIIB. Key features • Includes Basel norms to manage risk in commercial banks. It also contains various current topics for the convenience of the readers. • Highlights changes and amendments brought in within the rules, regulations, and guidelines, made by the authorities, like SEBI and RBI. • Incorporated with pedagogical tools, such as tables, figures, appendices, review questions, and MCQs (on selected topics). • Solution manual containing answers to the MCQs and Numerical Problems is available on demand. • Includes an exhaustive glossary of terms to explain the core concepts. • PowerPoint slides available online at http://phindia.com/das-financial-system-in-india to provide integrated learning to the students.A

Download or read book The Indian Credit Reporting System written by Apurva Bhagat and published by Notion Press. This book was released on 2022-07-12 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides knowledge related to credit issue which is based on the vast experience of the author alongside some tips. A credit score is a phenomenal part of any lending decision, but due to a lack of awareness people are crushing out their credit and financial institutions are also failing at some point in lending decisions. The book reveals the some of the key points on: •The Credit Information Companies (Regulation) Act, 2005 •Gist of Credit Reporting System •Broad Explanation of Credit Reports •Importance of Credit Score and Best Ways to Boost It •TransUnion CIBIL Score 2.0 •Managing your Credit and Future Planning •Idea of Credit Rectification Company •Expert Advice The book is the first of its kind to provide you with some clarity on the subject in India.

Download or read book Investment Management written by YOGESH MAHESHWARI and published by PHI Learning Pvt. Ltd.. This book was released on 2008-11-03 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, specifically designed for postgraduate students of manage-ment, finance and commerce for the course in Investment Management or Security Analysis and Portfolio Management, provides a thorough understanding of the concepts and methodologies of investment management. It begins with a sound theoretical introduction to the basic concepts of savings, investments, risk and return, portfolio and financial markets. The text then systematically explains the wide gamut of investment alternatives available to an investor and elucidates the investment markets and processes as prevalent in India. What distinguishes the text is that it emphasizes the practical aspects of the subject. In so doing, the book provides extensive coverage of the tools and techniques of technical analysis. Realizing the fact that investment is becoming more of a systematized and structured activity, the book presents a meticulous treatment of security analysis. This is closely followed by an exclusive chapter on portfolio management which encompasses all the aspects of the selection, maintenance, evaluation and revision of portfolios. The book concludes with an overview of the regulatory environment of investments. Key Features  Explains the concepts and processes in the Indian context, thus enabling the students to know the markets and investment procedures in India.  Focuses on the practical aspects to help students start investing even while they are doing the course.  Provides end-of-chapter questions to drill the students in self-study. Besides postgraduate students of management and commerce, senior undergraduate students of these courses as well as practising managers should find the book extremely useful.

Download or read book Regulating Credit Rating Agencies written by Aline Darbellay, and published by Edward Elgar Publishing. This book was released on 2013-09-30 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: øŠAline Darbellay analyzes the obvious system relevance of credit rating agencies in depth and assesses the possible options for regulatory responses to this systemic issue. Thereby, the book is based on a fruitful comparative legal approach and formul

Download or read book History of the Railroads and Canals of the United States written by Henry Varnum Poor and published by . This book was released on 1860 with total page 658 pages. Available in PDF, EPUB and Kindle. Book excerpt: