India Ratings & Research - A Fitch Group Company

India Ratings and Research (Ind-Ra) is a 100% owned subsidiary of the Fitch Group and is recognized as one of India's most respected credit rating agencies. The company provides the Indian debt market with objective, timely, and prospective credit opinions. Ind-Ra covers a diverse range of sectors including corporate issuers, financial institutions (banks and insurance companies), finance and leasing companies, managed funds, urban local bodies, and structured finance transactions. Its mission is to provide investors with insightful and forward-looking opinions that contribute to the development of transparent and liquid debt markets in India.