Home>Bonds India>CARE Rated Bonds
Filter by
Reset filters
Issuer Type
PSU
NON PSU
Coupon Rate
to
%
Interest Payment Frequency
Quarterly
Monthly
Semi-Annually
Annually
On Maturity
Remaining Maturity
to
years
Returns Type
Taxable
Taxfree
Seniority In Repayment
Senior
Additional Tier 1
Subordinate Tier 1
Subordinate Tier 2
Subordinate Tier 2-Upper
Subordinate Tier 2-Lower
Subordinate Tier 3
Instrument Security
Secured
Unsecured
Instrument Status
Listed
Unlisted
Perpetual
Yes
No
wintwealth

Invest in bonds picked by experts

Start earning 9-11% fixed returns with bonds that are carefully curated.

Explore Now
Showing 3955 Bonds
Sortsort-icon

Sort By

Coupon
high to low
Rating
high to low
Maturity
high to low
low to high
NameIssue SizeMaturityCoupon
NTPC LimitedCARE AAAINE733E07CB1140.00Cr06 Nov 202311.25 %
HDB Financial Services LimitedCARE AAAINE756I08041100.00Cr17 Oct 202310.20 %
HDB Financial Services LimitedCARE AAAINE756I0806680.00Cr18 Mar 202410.19 %
Tata Capital Financial Services LimitedCARE AAAINE306N08029100.00Cr26 Sep 202410.15 %
HDB Financial Services LimitedCARE AAAINE756I0805850.00Cr20 Dec 202310.05 %
LIC Housing Finance LimitedCARE AAAINE115A07FC01000.00Cr19 Mar 20249.80 %
ICICI Securities Primary Dealership LtdCARE AAAINE849D08TT150.00Cr17 May 20249.80 %
Jamnagar Utilities & Power Private LimitedCARE AAAINE936D070752000.00Cr02 Aug 20249.75 %
L&T Infra Credit LimitedCARE AAAINE235P0703595.00Cr10 Jun 20249.70 %
HDB Financial Services LimitedCARE AAAINE756I08074200.00Cr20 Jun 20249.70 %

Introduction

Credit ratings provided by CARE on the debt obligation are its view on whether the obligation will be repaid. The ratings indicate the risk of default on the instruments. Good credit ratings indicate responsible behaviour of the organisation and a good repayment history. The ratings are expressed in alphanumeric symbols under different categories.

About CARE

The CARE rating agency is one of the leading credit rating agencies in India, with a market share of 30%. Incorporated in 1993, the company provides credit ratings to corporates to help them raise debt capital to fulfil their operational requirements. CareEdge Ratings provides ratings to a variety of industries, such as manufacturing, infrastructure, and the financial sector, including banking and non-financial services. The company has played a pivotal role in the development of bank debt and capital market instruments, such as commercial papers, corporate bonds and debentures, and structured credit.

Rating scale of Debt Securities

Credit Rating of debt securities of both long and medium-term debt securities with original maturity exceeding one year are  as follows:

Symbols

Rating Definition

CARE AAA

Securities with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such securities carry the lowest credit risk.

CARE AA

Securities with this rating are considered to have a high degree of safety regarding timely servicing of financial obligations. Such securities carry very low credit risk.

CARE A

Securities with this rating are considered to have an adequate degree of safety regarding the timely servicing of financial obligations. Such securities carry low credit risk.

CARE BBB

Securities with this rating are considered to have a moderate degree of safety regarding timely servicing of financial obligations. Such securities carry moderate credit risk.

CARE BB

Securities with this rating are considered to have a moderate risk of default regarding timely servicing of financial obligations.

CARE B

Securities with this rating are considered to have a high risk of default regarding timely servicing of financial obligations.

CARE C

Securities with this rating are considered to have a very high risk of default regarding timely servicing of financial obligations.

CARE D

Securities with this rating are in default or are expected to be in default soon.

Rating methodology for NBFCs

CARE ratings directly affect the interest rates that are being charged on bank loans or issued bonds. These ratings differ from AAA to BBB and are even lower, which directly affects the implied interest rates anywhere from 6 to 10 %. ‘AAA’ means a borrower can sufficiently repay its debt, whereas ‘BBB’ means the company can barely make their timely payments. Better the rating – lower the interest rate on borrowings and vice versa. Being a full-service rating agency, CARE has developed various products apart from debt ratings, such as Infra ratings, MFI Grading, Real Estate Star Rating, Edu-Grade, REIT Rating, RESCO Grading, ESCO Grading, IPO Grading, ITI Grading, Shipyard Grading etc.

Final Word

CARE does proper due diligence and then offers ratings to the debt issuers depending on their creditworthiness. You should always check the risks associated with the instrument in which you are investing to avoid losing money, and rating scales are one of the best measures to help your decision-making.

FAQs about CARE Rated Bonds

What is a Credit Rating?

Credit Rating is the opinion provided by the Credit Rating Agencies about an issuer's creditworthiness towards a particular security. This defines whether the borrower will be able to repay the debt.

Who regulates CARE?

All Credit Rating Agencies, including CARE, are regulated by the Securities and Exchange Board of India (SEBI) and monitored regularly.

Why does a credit rating change?

Credit rating is provided to an instrument depending on certain assumptions and expectations that impact the issuer's performance. However, these can change depending upon various micro and macroeconomic variables, leading to ratings changes.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Wint Wealth shall not be liable for any losses incurred by you based on an investment decision utilising the information on this page.