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CARE Ratings: A Tollbooth on India’s Credit Market with a Scarred Track Record
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

Ankur Kapur
8 min read


How to Protect Your Investments: 5 Proven Strategies to Avoid Losing Money
It's simple - Don't be ignorant or greedy. Don't invest in products you don't understand or that may not be suitable for your investment...

Ankur Kapur
3 min read
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