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UES 16. What are the symbols of minimum investment grade rating of different companies?

April 26, 2017companies different grade Investment minimum rating Symbols ues

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UES 16. What are the symbols of minimum investment grade rating of different companies?

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ANS 16. The symbols of minimum investment grade rating of the Credit rating agencies are: Name of rating agencies Level of minimum investmentgrade credit rating (MIGR) CRISIL FA- (FA MINUS) ICRA MA- (MA MINUS) CARE CARE BBB (FD) FITCH Ratings India Pvt. Ltd. tA-(ind)(FD) It may be added that A- is not equivalent to A, AA- is not equivalent to AA and AAA- is not equivalent to AAA.