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CRISIL Limited is an India-based provider of ratings, research and risk and policy advisory services. The Companys segments are Rating, Research and Advisory. Rating segment includes credit ratings for corporates, banks, bank loans, small and medium enterprises (SME), credit analysis services, grading services and global analytical services. Research segment includes global research and analytical services, industry reports, customized research assignments, subscription to data services, independent equity research (IER), initial public offer (IPO) gradings and training. The Advisory segment comprises infrastructure advisory and risk management practice. It conducts its infrastructure advisory and risk solutions business through its subsidiary, CRISIL Risk and Infrastructure Solutions Limited. The Company is majority owned by Standard & Poors.