CARE Ratings Limited, a credit rating agency, provides various rating and grading services in India, Mauritius, and Nepal. The company offers corporate rating services, such as corporate debt, bank loan, issuer, corporate governance, and recovery rating; financial sector rating services, which cover banks, credit quality, capital protection oriented schemes, insurance, NBFCs, securitization, and housing finance companies; and public finance rating services that cover ratings of state government entities and urban local bodies, as well as project finance, infrastructure sector, MLD valuation, and small and medium enterprises. It also provides grading services for educational institutes, IPOs, industrial training institutes, construction companies, shipyard companies, maritime training institutes, renewable energy service companies and system integrators, micro finance institutions, and energy service companies, as well as provides equity research and grading services, and real estate project star and REIT rating services. CARE Ratings Limited operates 10 branches in India. The company was formerly known as Credit Analysis and Research Limited and changed its name to CARE Ratings Limited in June 2017. CARE Ratings Limited was founded in 1993 and is headquartered in Mumbai, India.