ICRA
ICRA is a large financial services company specializing in rating, grading, industry research, and consulting services. With a team of 870 employees and headquarters in Gurgaon, India, it serves the Indian BFSI segment and is majority-held by Moody's Group.
Company Overview
ICRA operates in the Financial Services industry and is recognized for its extensive range of services. With a team size of 870, it is classified as a large business. The company is headquartered in Gurgaon, Haryana, India, and has additional locations in Mumbai, Bengaluru, New Delhi, and the United States. ICRA is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), and it is majority-held by Moody’s Group, which maintains an equity ownership stake in the company.
Services Offered
ICRA specializes in various services including rating and grading services, industry research, consulting services, and knowledge process outsourcing. The company provides comprehensive data sourcing, mapping, extraction, and annotation services. It also offers ESG ratings and assessments, independent credit evaluations, and market data services tailored for the Indian Banking, Financial Services, and Insurance (BFSI) segment. Additionally, ICRA provides forward-looking credit opinions and credible research reports across different industries.
Special Initiatives
ICRA is involved in several initiatives aimed at promoting inclusive education and social development. The company has expanded its education initiatives to include children with special needs in collaboration with the Jai Vakeel Foundation & Research Centre. It also offers an open basic education program in Bengaluru for financially constrained children. Furthermore, ICRA engages employees in volunteering programs that support economic and social development initiatives, and it runs a Women Entrepreneurship Programme to assist women in Gujarat with skill-building and financial management.
Research and Analysis
ICRA provides detailed analysis and reports that cater to various stakeholders, including banks, mutual funds, and insurance companies. The company maintains a comprehensive database of mutual fund schemes and unit-linked insurance plans (ULIPs). It offers corporate sector research reports and unbiased analysis of corporate and financial entities. ICRA also developed a new credit rating system for the infrastructure sector and provides ratings for structured obligations and sector-specific debt obligations.
Consulting and Outsourcing
ICRA offers consulting and outsourcing services through its subsidiaries, focusing on various sectors including banking and finance. The company provides vendor and dealer due diligence for corporates and counterparty risk assessment services. It also offers SME grading for banks and non-banking financial companies (NBFCs). ICRA's services are designed to meet the needs of diverse clients, including private equity firms, venture funds, and other corporates.