SMERA RATINGS LIMITED (Formerly SME Rating Agency of India Limited)

SMERA RATINGS LIMITED(Formerly SME Rating Agency of India Limited)

What is Credit Rating: A credit rating is an opinion on the creditworthiness of the borrower.Credit Rating Agencies in India:CRISILICRACAREONICRAFITCHSMERA

Steps of Credit Rating Process

SMERA An IntroductionSMERA is the countrys first & only dedicated rating agency that focuses primarily on the MSME segment.

It is a joint initiative of SIDBI, Dun & Bradstreet and leading private and public banks in India.

Launched on the 5th September 2005 by the Hon. Finance Minister, Shri P Chidambaram.

Completed over 25384 ratings till date.

Greater acceptability in banks (MOU with 44 banks). 23 Banks offer interest rate and security concessions for well rated SMERA customers.

SMERA Product/Rating Offerings:Bank Loan Rating (BLR) under Basel 11Greenfield GradingEducation Institution RatingMicrofinance Institution RatingGreen RatingCredit rating of NCDs & BondsIPO GradingGrading of Maritime training InstitutesNGO Grading

NSIC D&B SMERA Rating Scale :

NSIC D&B SMERA Rating Fee

Benefits of SMERA Rating for MSMEsTimely and adequate creditLower interest rate/collateral requirementSimplified lending normsD&B DUNS Number