Dissecting the business model, sector dynamics, risks, and management signals behind a slow-growth but high-margin rating franchise. CARE Ratings: A Tollbooth on India’s Credit Market with a Scarred Track Record CARE Ratings makes most of its money by charging companies, banks, and bond issuers fees to rate their debt and then charging smaller annual fees to keep those ratings updated. Almost all revenue comes from this ratings work in India, so the business is asset‑light w

Most people would answer the above question in the negative. It doesn't matter whether you are earning ₹5,000 or ₹5 lacs a month, almost everyone feels the need to earn more.