India Ratings has entered into a memorandum of understanding with the National Small Industries Corporation (NSIC), the nodal agency for rating of Micro & Small Enterprises (MSEs). Recognising the importance of MSEs to the Indian economy, Ind-Ra intends to extend the benefits of its expertise to the Micro and Small Enterprise sector.
Ind-Ra rates MSEs on a separate scale suited to the special requirements of the sector. The Micro and Small Enterprise can utilize the rating for their different needs, including working capital bank credits and term advances. The MSE rating is irrespective of the tenor of the loan and is an entity rating.
For more details about "Benefits Of Rating For MSEs" please click- here .