Full Form of CARE:
Credit Analysis & Research
CARE Full Form is Credit Analysis & Research. CARE is presently the second biggest credit rating agency in the country and started operations in the year 1993. CARE ratings have come up as a leading agency that covers various rating segments such as sub-sovereigns, IP gradings, banks, etc. It is among the five partners of ARC Ratings, which is an international rating agency.
It also has a licence for conducting business in Mauritius where it functions under the name CARE Ratings (Africa) Private Limited (abbreviated as CRAFT). The mission of the CARE includes (1) To provide a wide range of high quality and effective service to every stakeholder in the capital market, (2) To construct a pre-eminent position for itself in India in areas relating to securities research, analysis, and information services,
(3) To build a roadmap to transform itself into an international credit rating agency, (4) To ensure customer satisfaction and boost investor confidence by means fair and professional conduct of transactions, (5) To show robust commitment to external and internal stakeholders, (6) To make use of the best possible instruments and techniques for the purposes of securities analysis aimed at ensuring top quality and efficiency.