SMERA Ratings Limited
SIDBI, along with leading public, foreign and private sector banks and Dun & Bradstreet Information Services India Private Limited (D&B), set up SMERA Ratings Limited (then SME Rating Agency of India Limited)in September 2005, as an SME focused Credit Rating Agency to provide comprehensive, transparent and reliable ratings and risk profiling. Since then, SMERA has assigned over 40,000 ratings in the SME sector.
In year 2011, SMERA received its registration from the Securities and Exchange Board of India (SEBI) to rate the debt instruments. SMERA also received the accreditation by Reserve Bank of India (RBI) in year 2012 as an External Credit Assessment Institution (ECAI), under BASEL-II norms for undertaking Bank Loan Ratings. Within a span of 3 years, SMERA has rated more than 2400 bank loans and debt instruments.
SMERA’s pioneering work is globally recognized. SIDBI was awarded ‘Outstanding Development Project Award’ in SME Development Category for setting up SMERA by The Association of Development Financing Institutions in Asia and the Pacific (ADFIAP). SMERA has entered into MoUs with over 40 banks, financial institutions and trade associations of the country.
SMERA has a huge corporate database that provides accurate industry-wise benchmarks and insights. SMERA’s transparent, rigorous and efficient rating process ensures fair rating and high quality rating report.
Mr. R M Malla, Ex – Chairman & Managing Director of SIDBI and IDBI Bank is currently the Chairman of SMERA. Mr. Sankar Chakraborti is the Chief Executive Officer of SMERA. Sankar has more than two decades of experience in business information, data & risk management solutions, financial research and credit rating.
SMERA employs a rich mix of professionals which includes MBA’s, CAs, CFAs, FRMs, Economists, Statisticians and Engineers. SMERA, which has its Registered and Head Office in Mumbai, currently operates from 10 locations spread across the country.
For more details Click here to view the website.