Multiple choice

CRISIL - the largest credit rating agency in India, is a subsidiary of which of the following global rating agencies?

  1. Moody's Investors Service

  2. Fitch Ratings

  3. Standard & Poor's

  4. Sothbey’s

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

CRISIL (Credit Rating Information Services of India Limited) is a subsidiary of Standard & Poor's (S&P). S&P acquired a majority stake in CRISIL in 2005 and now owns approximately 74% of the company. CRISIL is India's leading credit rating agency, providing ratings for companies, bonds, and financial instruments. The other options are major global rating agencies but only S&P owns CRISIL.