Ratings: 27
S&P Global Ratings Thought Leadership

Located in the world’s major financial hubs, S&P Global Ratings’ experienced team of 1,500+ analysts and economists provides essential research and data on market-moving trends that matter to investors and other financial market participants. In the past year, we focused on delivering data-driven insights and timely forward-looking analysis on evolving economic and financing conditions, including the implications of persistent inflation, elevated interest rates, slowing economic growth, shifting capital flows, and escalating geopolitical risks. Our regional and global Credit Conditions Committees—and the research publications they produce—also continued to provide financial market participants around the world with a regular and essential resource for identifying and understanding prevailing and potential credit risks. 

 

Crisil Limited

A Company of S&P Global

Founded in 1987 as India’s first credit rating agency, Crisil has evolved into a global insights-driven analytics company. Its domain expertise and analytical rigor extend across all its businesses—Crisil Ratings, Crisil Intelligence, Crisil Coalition Greenwich, and Crisil Integral IQ—helping clients make mission-critical decisions with confidence. Headquartered in India, Crisil is majority owned by S&P Global.

Crisil serves a diverse array of financial institutions worldwide, including the top 20 global banks, 35 of the top 50 commercial banks, more than 100 asset managers, and both public and private enterprises. Crisil’s global workforce operates across the Americas, Asia-Pacific, Europe, Australia, and the Middle East.

Crisil

Broad and Deep Analytical Coverage

S&P Global Ratings’ credit ratings are opinions about credit risk; they express our view on the relative likelihood that debt issued by companies and governments will be repaid on time and in full. These ratings reflect in-depth analysis of the issuers and their debt obligations.

Financial
Institution Ratings		Insurance
Company
Ratings		Corporate
Ratings		Structured
Finance
Ratings		Government
Security
Ratings

61,895

7,193

55,272

37,440

904,586

  • Banks
  • Brokers/Dealers
  • Finance
    Companies
  • Other Financial Institutions
  • Health
  • Life
  • Property/
    Casualty
  • Reinsurance/
    Specialty
  • Bond
  • Industrials
  • Utilities
  • Project Finance

  • Asset-Backed Commercial Paper
  • Asset-Backed Securities
  • Collateralized Debt Obligations
  • Commercial Mortgage-Backed Securities
  • Residential Mortgage‑Backed Securities
  • Servicer Evaluations (1)
  • International Public Finance
  • U.S. Public Finance
  • Sovereigns

(Number of Outstanding Ratings)

Notes:
(1)

Servicer Evaluations produces a ranking, not a credit rating 

(2)

India includes S&P Global Ratings locations not issuing credit ratings 

Source: Form NRSRO as filed on March 27, 2025

S&P Global Ratings is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (“NRSRO”) and does not include CRISIL Limited and certain other ratings-related businesses. Map is for illustrative purposes only