| CRISIL Limited | |
| Former Name: | Credit Rating Information Services of India Limited |
| Type: | Public subsidiary |
| Traded As: | |
| Foundation: | [1] |
| Location: | Mumbai, Maharashtra, India |
| Key People: | Amish Mehta (MD & CEO)[2] Sanjay Chakravarti (CFO) |
| Services: | Ratings, data, research, analytics and solutions |
| Revenue: | (December 2020)[3] |
| Net Income: | (December 2020) |
| Parent: | S&P Global (66%) |
CRISIL Limited, 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.[4]
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.[5] [6]
, the company has revenue of, net income of . It is also India's largest ratings company, and, it had a market cap of .[7]
In April 2024, Crisil Received SEBI Approval for ESG Scoring in India.[8]
The former Union Minister for Finance and Corporate Affairs Arun Jaitley launched CriSidEx, India's first sentiment index for micro and small enterprises (MSEs) developed jointly by CRISIL and SIDBI.[9]
CriSidEx is a composite index based on a diffusion index of 8 parameters and measures MSE business sentiment on a scale of 0 (extremely negative) to 200 (extremely positive).[10] CriSidEx will have two indices, one for the 'survey quarter' and another for 'next quarter' once a trend emerges after few rounds of the survey, providing independent time series data.[9] The parametric feedback was captured through a survey of 1100 MSEs in November –December.
In February 2020, Crisil completed the acquisition of Greenwich Associates LLC, a provider of proprietary benchmarking data, analytics, and qualitative insights to financial services firms.[11]