Working Capital Management Question:
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Explain which credit rating agencies are authorized by RBI to provide a credit rating for Commercial Papers?

Answer:

Following Credit rating agencies are authorized by RBI to provide a credit rating for Commercial Papers:

1) CRISIL (Credit Rating Information Services of India Ltd.)

2) ICRA (Investment Information and Credit Rating Agency of India Ltd.)

3) CARE (Credit Analysis and Research Ltd.)

4) FITCH Rating India Ltd.

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