(m) Accounting information
16.2 CRISIL (Credit Rating and Information Services of India Limited) Rating
Symbols are as follows:
Debenture Rating Symbols
AAA Highest Safety Highest Investment
AA High Safety Grades
A Adequate Safety Investment
BBB Moderate Safety Grades
BB Inadequate Safety
B High Risk Speculative
C Substantial Risk Grades
D In Default
Note: CRSIL may apply ‘+’ (Plus) or ‘-‘ (minus) signs for rating from AA to D to reflect
comparative standing within the category
Fixed Deposit Rating Symbols
FAAA Highest Safety
FAA High Safety
FA Adequate Safety
FB Inadequate Safety
FC High Risk
FD Default
Note: CRSIL may apply ‘+’ (Plus) or ‘-‘ (minus) signs for rating from FAA to FC to
indicate the relative position within the rating category of the company raising fixed
deposits
Short Term Instruments Rating Symbols
P- 1 Very strong Degree of safety
P- 2 Strong Degree of Safety
P- 3 Adequate Degree of Safety
P- 4 Minimal Degree of Safety
P- 5 Default Expected (or Actual)
Note: CRSIL may apply ‘+’ (Plus) or ‘-‘ (minus) signs for rating from P-1 to P-3 to
reflect comparatively higher standing within the category.