India Ratings & Research (India Ratings) is India's Most Respected rating agency committed to providing the India's credit markets with accurate, timely and prospective credit opinions. Built on a foundation of independent thinking, rigorous analytics, and an open & balanced approach towards credit research, India Ratings has grown rapidly during the past decade gaining significant market presence in India's fixed income market. India Ratings is a wholly owned subsidiary of the Fitch Group. India Ratings currently maintains coverage of corporate issuers, financial institutions, which includes banks and insurance companies. Finance & leasing companies and managed funds, Urban Local Bodies and Project Finance. India Ratings is headquartered in Mumbai and has six branch offices located at Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad and Kolkata. India Ratings is recognised by the Securities and Exchange Board of India, the Reserve Bank of India and National Housing Bank.