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Obtain credit rating on a loan exceeding 10 crores

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 June 2014 Whether it is necessary to obtain rating from a credit rating agency on a loan exceeding Rs. 10 Crores for a company
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
13 June 2014 Yes. If you apply for loan, Financing company will get your credit rating from the rating agency before process of loan application.
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Querist : Anonymous

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Querist : Anonymous (Querist)
13 June 2014 thanks you sir........................................................................................
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
13 June 2014 welcome ...............
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