CARE Ratings Limited — Important, 11-07-2025: General Updates

CARE Ratings’ wholly owned subsidiary, CareEdge Global IFSC Limited, has been accredited by the RBI as an External Credit Assessment Institution (ECAI). This allows banks to use CareEdge Global’s ratings for risk weighting claims on non-resident corporates at the International Financial Services Centre (IFSC). This development enhances CareEdge’s role in the credit rating ecosystem and could drive increased business from banks seeking diversified rating sources for capital adequacy assessments.