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Recovery Risk Ratings

Recovery Risk Ratings indicate the variability in the extent of recovery from a loan, post default. Our recovery risk rating gives an indication of loss given a default.

 

The rating conveys the opinion of Crisil Ratings on the recoverability on the rated instrument over the long term, post default.

 

The rating is not a comment on the timeliness of payment.


The key drivers of analysis are:

  • Collateral coverage
  • Quality of assets
  • Seniority of the instrument
Error Msg
Error Msg
Error Msg

Rating Scale

 

RatingImplied RecoveryDescription
RR1+More than 150%Present value of expected recoveries is more than 150% of the face value of outstanding SRs
RR1More than 100% and up to 150%Range of present value of expected recoveries is more than 100% and up to 150% of the face value of outstanding SRs
RR2More than 75% and up to 100%Range of present value of expected recoveries is more than 75% and up to 100% of the face value of outstanding SRs
RR3More than 50% and up to 75%Range of present value of expected recoveries is more than 50% and up to 75% of the face value of outstanding SRs
RR4More than 25% and up to 50%Range of present value of expected recoveries is more than 25% and up to 50% of the face value of outstanding SRs
RR5Up to 25%Range of present value of expected recoveries is up to 25% of the face value of outstanding SRs

 

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  • To get a copy of rating reports, please email us at:
    crisilratingdesk@crisil.com

  • For analytical queries, please email us at:
    ratingsinvestordesk@crisil.com

  • For any other information,  please call or email us at:
    +1800 267 1301
    crisilratingdesk@crisil.com