• To determine how the BRM team works and their importance in a credit rating agency.
• To study the infrastructure portfolio size of the banks in Chennai
2. CREDIT RATING AGENCIES IN INDIA &TRAINING ORGANISATION
2.1 Indian Credit Rating agencies- The beginning
Birth of the rating agencies in India
The idea of behind the rating agency was evolved in 1986 with the help of Pradip Shah, an HDFC employee and also an Harvard graduate suggested the idea of the credit rating agency to Nadkarni chairman of IFCI (Industrial Finance Corporation of India), but later he was moved to IDBI. Shah described the concept to Vaghul , head of the ICIC bank. As the result, on January 1st, 1988. India’s first credit rating agency Crisil came into existence …show more content…
To learn about the role of BRM team in the credit rating agency.
Methodology/ Process: Identifying the competitors in the field of credit rating agency and defining the company’s operational structure.
Outcomes: The instruments they provide ratings and the considerations behind the ratings
4.1.2 WEEK 2
Purpose: To identify and meet the clients (Infrastructure companies) in my locality. The companies are basically consists of solar, wind and energy companies
Methodology/ Process: The client meetings are normally arranged over the telephonic calls and respective meetings are fixed
Outcomes: Development of marketing skills in the field of credit rating agency
4.1.3 WEEK 3
Purpose: To attend the client meeting basically Infrastructure related firm and to explain the purpose of the credit ratings to them
Methodology/ Process: The meetings are generally held between the company’s C.F.O (Chief Financial Officer)/ GM-Finance/ Senior Accountant.
Outcomes: The way by which the BRM team initiates and negotiates with the clients (C.F.O (Chief Financial Officer)/ GM-Finance/ Senior Accountant) is
• To study the infrastructure portfolio size of the banks in Chennai
2. CREDIT RATING AGENCIES IN INDIA &TRAINING ORGANISATION
2.1 Indian Credit Rating agencies- The beginning
Birth of the rating agencies in India
The idea of behind the rating agency was evolved in 1986 with the help of Pradip Shah, an HDFC employee and also an Harvard graduate suggested the idea of the credit rating agency to Nadkarni chairman of IFCI (Industrial Finance Corporation of India), but later he was moved to IDBI. Shah described the concept to Vaghul , head of the ICIC bank. As the result, on January 1st, 1988. India’s first credit rating agency Crisil came into existence …show more content…
To learn about the role of BRM team in the credit rating agency.
Methodology/ Process: Identifying the competitors in the field of credit rating agency and defining the company’s operational structure.
Outcomes: The instruments they provide ratings and the considerations behind the ratings
4.1.2 WEEK 2
Purpose: To identify and meet the clients (Infrastructure companies) in my locality. The companies are basically consists of solar, wind and energy companies
Methodology/ Process: The client meetings are normally arranged over the telephonic calls and respective meetings are fixed
Outcomes: Development of marketing skills in the field of credit rating agency
4.1.3 WEEK 3
Purpose: To attend the client meeting basically Infrastructure related firm and to explain the purpose of the credit ratings to them
Methodology/ Process: The meetings are generally held between the company’s C.F.O (Chief Financial Officer)/ GM-Finance/ Senior Accountant.
Outcomes: The way by which the BRM team initiates and negotiates with the clients (C.F.O (Chief Financial Officer)/ GM-Finance/ Senior Accountant) is