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With which Credit rating agency Bank of Baroda (BoB) signed a pact for accessing credit qualities of Small and Medium Enterprises (SME)?
  • a)
    Credit Rating Information Services of India Limited (CRISIL)
  • b)
    India Rating and Research Pvt. Ltd.
  • c)
    Credit Analysis and Research limited (CARE)
  • d)
    Small and Medium Enterprises Rating Agency of India (SMERA)
  • e)
    Information and Credit Rating Agency of India Limited (ICRA)
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
With which Credit rating agency Bank of Baroda (BoB) signed a pact for...
The State owned Bank of Baroda (BoB) has partnered with Credit Analysis and Research Limited (CARE) for assessing the credit qualities of Small and Medium Enterprises (SME). Loan value for SMEs will be identified through 8 –Point scale. Number 1 indicates the highest creditworthiness and 8 – poor creditworthiness.
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With which Credit rating agency Bank of Baroda (BoB) signed a pact for accessing credit qualities of Small and Medium Enterprises (SME)?a)Credit Rating Information Services of India Limited (CRISIL)b)India Rating and Research Pvt. Ltd.c)Credit Analysis and Research limited (CARE)d)Small and Medium Enterprises Rating Agency of India (SMERA)e)Information and Credit Rating Agency of India Limited (ICRA)Correct answer is option 'C'. Can you explain this answer?
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