Infomerics’ Fixed Deposit Rating Scale

 

  Rating Scale   Rating Definition

IVR AAA

Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk

IVR AA

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

IVR A

Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

IVR BBB

Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

IVR BB

Instruments with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.

IVR B

Instruments with this rating are considered to have high risk of default regarding timely servicing of financial obligations.

IVR C

Instruments with this rating are considered to have very high risk of default regarding timely servicing of financial obligations

IVR D

Instruments with this rating are in default or are expected to be in default soon.

 

INFOMERICS may apply ‘+’ (plus) or ‘-‘ (minus) signs for ratings assigned ‘IVR AA’ to ‘IVR C’ to indicate their relative standing within the category. INFOMERICS assigns suffix ‘(CE)’ to the rating symbol, to indicate the presence of explicit credit enhancement from a third party in the form of corporate guarantee, pledge of shares, letter of comfort, etc.