On a macro basis NBFCs supplement the role of banks and in most cases are working in partnership with them. Some of the lending segments for these companies include commercial vehicle loans, construction equipment loans, car loans, loan against gold, loan against property, loans against shares, personal loans, corporate loans, promoter funding, infrastructure loans etc.

INFOMERICS’s rating of NBFCs involve rating of various long-term and short-term debt obligations including bank loan facilities, NCDs, CPs, Tier II, Upper Tier II, Perpetual debt instruments.

The Benefits

An issuer may derive multiple advantages from rating of its debt instruments like lowering of cost of funds, access to new markets and investors on the strength of a higher rating, broad-basing of funding profile etc.


Claims Paying Ability (CPA) rating is an opinion on an insurance company’s financial strength and measures its ability to honour policy claims as per contractual commitments. Rating process involves analysis of an insurer’s business fundamentals and its competitive position, and focuses primarily on the insurer’s franchise value, its management, organisational structure/ownership, and underwriting and investment strategies.

Benefits of CPA rating:
Buyers of insurance cover:Aids existing as well as potential customers to evaluate the insurer’s ability to service policy commitments as and when claims arise.

Insurance/Reinsurance Company:Helps the company in showcasing its financial strength and consequently increase its business opportunities. An independent opinion on financial strength also provides critical inputs for management.

Insurance Agents:Aids in selling insurance products.