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2009-11-30

MoU between ICRA and SBI-Hyderabad for rating SME clients

To get their SME clients rated under a separate SME rating scale and make the process of lending easier, State Bank of Hyderabad has signed a memorandum of understanding (MoU) with the credit rating a

The rating assigned by ICRA would help the bank decide the capability of the client to repay the loan on time.

 

The MoU signed is in addition to the already existing MoU for rating the banks fund-based and non fund based exposure under the standardised approach of RBI`s New Capital Adequacy Framework for Basel-II.

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