Question

    Which is the parent company of CRISIL (Credit Rating

    Information Services of India Limited), an Indian analytical company providing ratings, research, and advisory services?
    A Moody's Corporation Correct Answer Incorrect Answer
    B Fitch Ratings Correct Answer Incorrect Answer
    C Dun & Bradstreet Correct Answer Incorrect Answer
    D S&P Global Correct Answer Incorrect Answer
    E Thomson Reuters Correct Answer Incorrect Answer

    Solution

    CRISIL, formerly Credit Rating Information Services of India Limited, is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American company S&P Global. CRISIL, was the first credit rating agency in India, introduced in 1988 by the ICICI and UTI jointly with share capital coming from SBI, LIC and United India Insurance Company. In April 2005, US based credit rating agency S&P acquired the majority shares of company.

    Practice Next

    Relevant for Exams: