Consider the following statements relating to credit rating agencies The three largest credit rating...........

Finance Financial Markets

Download Solution PDF

Consider the following statements relating to credit rating agencies

The three largest credit rating agencies rate India’s sovereign debt at the highest investment grade
CRISIL is the largest credit rating agency in India but is not among the largest three in the world
The three largest credit rating agencies in the world are Moody’s, Standard & Poor’s and Fitch

Select the correct answer using the codes given below:

2 only

2 and 3 only

1 and 3 only

1, 2, and 3

Explanation:

Big Three (credit rating agencies) The Big Three credit rating agencies are Standard & Poor's (S&P), Moody's, and Fitch Group. S&P and Moody's are based in the US, while Fitch is dual-headquartered in New York City and London, and is controlled by Hearst.