A business firm’s creditworthiness can be gauged by reading into credit rating assigned by approved Credit Rating Agencies.

Credit Rating is mandatory for those businesses enjoying loans from Banks of Rs 5 crores and above. Rating agencies which have the approval of RBI can only undertake Credit Rating.

There are six approved Credit Rating Agencies in India- CRISIL, CARE, ICRA, India ratings (Fitch Rating), Acuite (Previously SMERA), and Brickworks

Some large companies seek credit rating periodically even though they do not have banking facilities.

Credit rating reflects the ability of the firm to honour its commitment of potential customer, Supplier or competitor for any business. The notation ranging from AAA to D (eight categories) denotes the present rating of the business and its is very dynamic.

The rating report will be available for anybody to read from the rating agencies websites. Such display is mandatory.

You may check the credit rating of any entity in any search engine.