Financial Daily from THE HINDU group of publications
Monday, Apr 17, 2006
Financial Daily from THE HINDU group of publications Monday, Apr 17, 2006 |
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Opinion
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Letters CRISIL clarifies
Apropos of news item "Encouraging demand for SMERA's services'' (Business Line, April 11): We have different fee structures for different products and group incentive schemes as per which an SSI can get a CRISIL rating for as little as Rs 7,450. We would like to bring the following also to your attention: CRISIL was the first rating agency to assign SME Ratings in India CRISIL launched its Dedicated SME Rating Services with a dedicated team and rating scales before SMERA CRISIL has already received more than 270 SME rating requests and has already rated 175 SMEs We have signed MoUs with seven public sector banks including the State Bank of India for rating their SME customers at concessional fees. We have tied up with 25 SSI associations to provide service to their customers and members in a cost-effective manner. D. Thyagarajan Director-SME Ratings CRISIL Ltd, Mumbai.
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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