Icra Ltd. is a premier credit rating agency based in India, providing essential credit rating services to various sectors. Established as an affiliate of Moody's Investors Service, it plays a vital role in the financial markets by evaluating the creditworthiness of businesses and other financial instruments. Icra Ltd. serves numerous industries including banking, manufacturing, infrastructure, and energy, offering ratings that help investors assess potential risks and financial stability. The company is pivotal in influencing borrowing costs and investment decisions by providing transparent, reliable, and valuable insights into credit risk. As a part of its comprehensive service offerings, Icra also provides industry research and analysis, market forecasts, and risk management advice. This facilitates informed decision-making for financial institutions, corporations, and governmental bodies, underscoring its importance in India's financial ecosystem.