ICRA has acquired 60% shareholding in D2K Technologies India (D2K), for an aggregate consideration of Rs 15.4 crore on November 10, 2023, and consequently D2K has become a step-down subsidiary of ICRA. D2K is engaged in the business of providing banking and finance solutions, software services to banks and other financial institutions, corporate etc.
ICRA was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency.
