Which of the following is not a credit rating agency in India?

By BYJU'S Exam Prep

Updated on: September 25th, 2023



3. RBI


The agency which evaluates and assesses the debtor’s ability to pay back debt by making timely principal and interest payments is known as a credit rating agency. Some of the credit rating agencies in India are CRISIL, CARE, ICRA Limited, India Ratings and Research Pvt. Ltd., SMERA Ratings Limited, etc.

Answer: RBI is not a credit rating agency in India.

The Reserve Bank of India (RBI) was established on April 1, 1935. It is India’s central bank and regulatory body responsible for the regulation of the Indian banking system. It was initially established in Kolkata but was permanently moved to Mumbai in 1937.

Credit Rating Agencies in India are authorised and regulated by the Securities and Exchange Board of India (SEBI) as per the SEBI Regulations, 1999 of the SEBI Act, 1992. SEBI was established is the regulatory body for securities and commodity market in India under the ownership of the Ministry of Finance, Government of India.

More details on Credit Rating Agencies in India

Following are the crucial details related to the Credit Rating Agencies in India:

  • The analysis of the possible credit risks associated with granting a financial instrument to a company or an individual is done by credit rating agencies.

  • The agencies provide ratings on the basis of the creditworthiness and the credentials of an individual or a company.

  • Credit Rating Agencies decide the creditworthiness of a company or an individual based on the history of lending and borrowing transactions.


Which of the following is not a credit rating agency in India?

Out of the given options, the correct answer is RBI.

PO, Clerk, SO, Insurance

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