MoneyWorks4Me

CARE Ratings ties-up with Yes Bank for SME segment services

18 Oct 2013 Evaluate

Credit rating agency, CARE Ratings has inked a Memorandum of Understanding (MoU) with Yes Bank, the country’s fourth largest private sector bank, to offer services and products in the small and medium enterprise (SME) segment.

The MoU shall entail collaboration towards creating awareness on the importance of external ratings for SMEs, and funding avenues, through knowledge dissemination workshops. The bank and CARE Ratings will also undertake focused research studies in the SME segment.

CARE is a second largest full service credit rating company in India, offering rating and grading services across a diverse range of instruments and industries including IPO grading, equity grading, and grading of various types of enterprises, including shipyards, maritime training institutes, construction companies and rating of real estate projects, among others.

Peers
Company Name CMP
CRISIL 4443.40
ICRA 4357.00
Care Ratings 1558.15
View more..