Objectives of Credit Rating
These are the important objectives of the credit rating:
• To impose a healthy discipline on borrowings.
• To lend greater belief to financial and other representations.
• To facilitate formulation of public guidelines on institutional investment.
• To help merchant bankers, brokers and regulatory authorities.
• To encourage the information disclosure, better accounting standards, etc.
• To reduce interest cost for highly rated company.
These are the important objectives of the credit rating:
[Post Image Courtesy of KittiJaroon at FreeDigitalPhotos.net]
• To impose a healthy discipline on borrowings.
• To lend greater belief to financial and other representations.
• To facilitate formulation of public guidelines on institutional investment.
• To help merchant bankers, brokers and regulatory authorities.
• To encourage the information disclosure, better accounting standards, etc.
• To reduce interest cost for highly rated company.
Objectives of Credit Rating
![Objectives of Credit Rating]()
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Saturday, October 14, 2017
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