Ratings and Grading Report
Credit Analysis and Research Limited
ICRA Limited (Formerly Investment Information and Credit Rating Agency of India Limited)- An Associate of
Moody's Investors Service
CRISIL stands for Credit Rating Information Services of India Limited.
Being a transparent institution, Belstar Microfinance Ltd. aims to ensure high standards of
governance and management.
Belstar Microfinance Ltd. is committed to following regulatory guidelines, upholding its core
value of transparency and professionalism.