Post a free classified!

All site Business - Business Management - Business Rent - Company Creation - Temporal Jobs Companies - Business Schools - International Business - Internet Business / Online - Business Opportunities - Business Transfer - Others Buy and Sell items Cars, Motorcicles, Others Community Offered Jobs Personals Properties for Rent Real Estate Services Vacations Wanted Jobs

Nsic care ratings on subsidised rates in Delhi

Credit Rating Scheme for Small Scale Industries» Introduction: About care» About the nsic - care ratings» Benefits» Why care » How the Rating Process Work» Process Duration» Rating Scale» Rating Fees»How to apply» Eligibility» List of documents requiredAbout Us:Regulatory RecognitionCARE ratings are recognized by Government of India and regulatory agencies in India. care is registered with the Securities and Exchange Board of India. care ratings are also recognized by RBI, NABARD, NHB and nsic. RBI has also recognized care ratings as an eligible external credit rating agency for the purpose of Basel II implementation in India IndependentCARE is an independent rating agency promoted by major banks and financial institutions in India. The three largest shareholders of care are IDBI Bank, Canara Bank and State Bank of India. care is a board managed company with eminent professionals on the board. The entire Board comprises of Independent Directors. care is the only rating agency in India which operates with an independent rating committee comprising of senior and reputed professionals. ProfessionalCARE ratings endeavor has been to provide investors and risk managers with independent, authentic and insightful credit opinions based on detailed in-depth research, which encompasses detailed analysis of risks that affect credit quality of an issuer. care's analyst strength consists of large number of well qualified and multi-faceted professionals from diverse backgrounds such as; financial analysts, economists, sector specialists, chartered accountants, chartered financial analysts and financial risk managers. care is a founder member of the Association of Credit Rating Agencies in Asia (ACRAA) and is actively in dialogue with Asian and International rating agencies. This provides access to international know-how on ratings. care has a well established rating process and detailed rating methodologies covering various sectors. care also follows a well defined Code of Conduct for its Directors, Rating Committee Members and Analysts for professional conduct and for avoidance of conflict of interests.ExperiencedCARE has over a decade of experience in rating various types of instruments. care assigned its first rating in November 1993 and upto March 31, 2010, care had completed 7654 rating assignments for an aggregate value of about Rs23121 bn. With a large number of qualified and experienced multi-faceted analyst and presence in all major metros of India, care has a unique understanding of the local business, cultural and value systems and factors which affect the Indian economy. Wide Sectoral CoverageCARE is a full service rating company offering a wide range of rating and grading services which includes rating debt instruments/enterprise ratings of Corporate, Banks, Financial Institutions (FIs), Public Sector Undertakings (PSUs), State Government bodies, Municipal Corporations, Non-banking Finance Companies (NBFCs), SMEs, Micro finance institutions, Structured finance Securitization transactions. In addition, care ratings undertakes Corporate Governance ratings, Mutual Fund Credit quality ratings, IPO grading, Claims Paying Ability rating of Insurance Companies, Grading of Construction Entities and Issuer ratings. Market AcceptanceCARE has a significant rating coverage of the Indian Banks and Financial Institutions, who are also amongst the major investors in the Indian bond markets. This, acknowledges the confidence of Indian Institutional Investors in care ratings. care ratings are also used by a wide range of investors including Mutual Funds, Insurance companies, Provident funds, Corporate and Retail investors.About the nsic - care RatingsNSIC–care PERFORMANCE AND CREDIT RATING SCHEME for SMALL SCALE INDUSTRIES (SSI) is a Government of India initiative with NATIONAL SMALL INDUSTRIES CORPORATION LTD (nsic) appointed as its nodal agency for the implementation of the scheme.The scheme was launched by the Honorable Finance Minister & is approved by Indian Banks Association (IBA). THE Government (Ministry of Small Scale Industry through nsic) IS OFFERING A SUBSIDY OF 75% ON THE RATING FEE, making it a unique opportunity for small enterprises to get themselves rated.In association with nsic, care is now rating Small Scale Industries (SSIs) on a special rating scale, using criteria tailored for the small-scale sector. Objective of the Scheme To enhance the acceptability of SSI units with Banks & Financial institutions & Buyers To meet the opportunities & challenges in the changing Global economic scenario.Scheme Features • A combination of credit and performance factors including operations, finance, business and management. • Turnover based Fee structure.• Implemented through nsic, a nodal agency of Govt. Of India. • Approved by Indian Banks Association (IBA) Benefits to SSIWhen you go in for a rating from a credible agency, you improve your standing with bankers, customers, suppliers and employees. Specifically, an nsic-care rating will bring you the following benefits:» CREDIBILITY WITH BANK: A good credit rating from care carries weight with lenders, and can help you get faster and cheaper credit. The Indian Banks' Association (IBA) has endorsed the nsic-care rating, and informed its member banks of the same. care has entered into a Memorandum of Understanding (MoU) with major banks for rating their SSI customers at concessional fees.» ACCEPTABILITY WITH BANKS: The IBA approval enhances the acceptability with banks, lenders and financial institutions. This gives access to quicker and cheaper credit.» CONFIDENCE BUILDING WITH BUSINESS PARTNERS: Your nsic - care Performance rating is an indicator of your performance capability and financial strength. A good rating infuses confidence among buyers lenders, customers, and suppliers while taking decisions on sourcing the material from SSI & a recognition in trade.»SELF IMPROVEMENT TOOL: care gives you a detailed analytical report on your company's strengths and weaknesses. The report will help you strengthen your operations and improve the working of your company. This insightful, credible and independent feedback is supported by the strongest industry and company research in India.»CREATING AWARENESS: The awareness on strength and weakness helps in identifying the areas of improvement and puts focus on their strengths.»RISK MANAGEMENT: It highlights the Parameters measuring operational, financial, business & management risks.»INCREASED PRODUCTIVITY: It provides an unbiased opinion on strengths and weaknesses of their existing operations & the corrective measures.Support SSI - Possibly can get • Speedier Loans Disbursement for Authenticated SSI/SME • Consideration on the Interest Rates, may be a special discount for Highly rated SSI Waiver of Collateral in specific qualified cases. • Privilege benefits as per policyWhy care» India's leading ratings, Research, Risk and Policy Advisory company: care leads the market in depth of analysis and sophistication of approach. A rating from care is a stamp of quality from the most renowned rating agency in India.» Value-driven approachAll care businesses operate on the core values of Analytical Rigour, Independence, Integrity, Innovation, and Commitment. care's consistent adherence to these principles is recognised by users of its ratings, and has been the key factor that makes care the leading player in its field» National based Networked Infrastructure Our Infrastructure includes being connected to the central head quarter in Delhi on a mesh of secure MPLS network with a centralized cum distributed database architecture resting on a state-of-the-art Mainframe server. care has an in-house Software Team, working on customizing and enhancing the Rating Module to suit specific customer requirementsHow the Rating Process Work• care receives the completed application form.• Application has to be accompanied by the list of documents and• SSI share of rating fee (i.e.25% of the total fee). (All Payments should be by way of a D.D / Cheque in the name of care CREDIT RATING AGENCY OF INDIA LIMITED, payable at New Delhi.)• care's representatives visit the company • Collection of information from SSI• Conduct basic research• care's analysts have a short discussion with the management of the company• Site visit & meeting with SSI management with prior appointment• Analysis & preparation of report by the Analysis wing• Approval of rating by the Rating Committee• Assign Rating• Communicate Rating & Rationale to SSI & nsic• care will assign rating within a month after the receipt of all the documents from the SSI. Time RequiredThe whole process takes three to four weeks after care receives complete information.nsic-care Performance & Credit rating Scheme Rating ScaleYour rating will reflect two components, Financial Strength and Performance Capability. ratings will be assigned on the following rating scale: Financial Strength High Moderate Low PerformanceCapability Highest SE 1A SE 1B SE 1C High SE 2A SE 2B SE 2C Moderate SE 3A SE 3B SE 3C Weak SE 4A SE 4B SE 4C Poor SE 5A SE 5B SE 5C For example, a company with high Performance Capability and high Financial Strength will be rated 'SE2A', while one with weak Performance Capability and low Financial Strength will be rated 'SE4C'.Turnover Based Rating Fees(First Year) Turnover (Rs Lakh) < 50 50-200 >200 Rating Fees (Rs.) 33,000 40,000 54,000 Service Tax @ 12.24 per cent (Rs.) 4,039 4,896 6,610 Total Fees (Rs.) 37,039 44,896 60,610Subsidy from nsic (Rs.) 25,000 30,000 40,000Amount payable by SSI (Rs.) 9,260 11,224 15,152* Note: The fees above are inclusive of all expenses care will incur in connection with the exercise. care will arrange to collect the subsidy from nsic. Operating units refer to SSIs with audited results of one complete year of operations.Renewal Fees (Service tax Extra) Turnover (Rs Lakh) < 50 50-200 >200 Rating Fees (Rs.) 7,500 10,000 12,500How to applyPlease download the accompanying application form and courier a duly filled copy alongwith the required documents and a cheque/draft drawn in favour of "care Credit rating Agency of India Limited" for the amount payable by you (refer to "Rating Fees") to the nearest care office. EligibilityAny enterprise registered in India as an SSI Unit can benefit from this rating. As a proof of eligibility, we will require an SSI certificate issued by the concerned SSI registration authority.List of documents required• SSI Registration Certificate • Partnership Deed/Memorandum & Article of Association• Authority letter to sign the application • List of all partners/directors with their age, address, net worth/income tax returns, qualifications and experience• Copy of the audited accounts with schedules for the last three years (where accounts for the last year have not been audited, provisional accounts duly certified by a Chartered Accountant, along with two years audited accounts, are to be submitted) • In case of new project/expansion, copy of the project report containing a brief project profile, cost of project, source/means of finance• Brief write-up about the products manufactured, end users, marketing tie-up and orders in hand• Details of subsidy, tax concession available to the applicant • Quality certificates, export awards won, membership of any associations • Any other information that would enable us to understand your business betterFor queries please contact [email protected] or msmeconsulting@gm[email protected] Rakesh DwivediMarketing AssociateMob: 9716231789 VITAL CONSULTING, H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura, New Delhi, INDIA PIN - 110 034Phone: +(91)-(011)-47086954 Mobile: +(91)-9716231789, 9210659265E-mail: [email protected] , [email protected] URL: www.vitalconsulting.in, www.vitalconsulting.co.in

Photos of ad

part time 2 hours daily Matha general store udaipur,kharsan

Name:

Email: (Optional, will not be visible, you receive a response to your comment)

Comment:
(You're not sending an SMS, you receive a response without complete and misspellings)