CARE Ratings Limited, a credit rating agency, provides various rating and grading services in India, Mauritius, and Nepal. The company provides rating services for bank loan, debt instrument, bonds, non-convertible debentures, preference shares, fixed deposits, and commercial papers; principal protected market linked debentures, subordinate debt, perpetual bonds, and hybrid instruments; structured finance ratings; insurance ratings; infrastructure sector ratings; security receipts ratings; public finance rating services that cover ratings of state government entities and urban infrastructure projects; and real estate and infrastructure investment trusts ratings, as well as corporate governance ratings, project finance, and MLD valuation services. It also offers corporate advisory, project evaluation and monitoring, credit analytics, industry and company research, and due diligence and grading services, as well as research and analytics to corporates, financial institutions, banks, and institutional investors. 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 incorporated in 1993 and is headquartered in Mumbai, India.