The full form of ICRA is Investment Information and Credit Rating Agency.
ICRA is a well-known name in the financial sector, particularly recognized for its work in credit rating. Understanding its full form helps clarify its primary functions.
Origin and Background
According to the provided reference:
- ICRA was formed in 1991.
- It was established by a group of major financial institutions, which included commercial banks and financial service providers.
- At the time of its formation, it was government-owned.
Former Name
The reference also states that ICRA was formerly known as the Investment Information and Credit Rating Agency of India limited.
This indicates a slight change in its official registered name over time, though the core abbreviation 'ICRA' and its meaning have remained consistent with its function.
