Abstract

Fund procurement is one of the key functions of a business undertaking. Because of this, credit Rating has assumed an important place in the modern and developed financial markets. It is a boon to the companies as well as investors. It facilitates the companies in raising funds in the capital market and helps the investors to select their risk-return trade off. This paper can be divided into 3 parts: 1) What is credit Rating? 2) Credit Rating Methodology and 3) Credit Rating Agencies and its symbols. The authors analyzes the significance of credit rating through this paper.

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