Ratings Accepted as on February 2011

Transcription

1 Ratings Accepted as on February 2011 Name of Issuer Instrument Rs. Mn. Short Term Medium Term Long Term Industry Remarks 20 Microns Ltd. CP 100 PR3+ A.K. Capital Services Ltd. NCD/CP 500 PR1+ NBFC A2Z Maintenance & Engineering Services Pvt. Ltd. STD/CP 250 PR1 Infrastructure Aban Offshore Ltd. RPS I 1500 CARE BB(RPS) Infrastructure Aban Offshore Ltd. RPS II 1560 CARE BB(RPS) Infrastructure Aban Offshore Ltd. RPS III 200 CARE BB(RPS) Infrastructure ABG Shipyard Ltd. CP I 2000 PR1 Infrastructure D ABG Shipyard Ltd. CP II 4000 PR1+ Infrastructure ABG Shipyard Ltd. NCD 2000 CARE A Infrastructure D Abhishek Industries Ltd. NCD/LTD # Textile ABP Pvt. Ltd. STD/CP 500 PR1+ ACB India Ltd. (erstwhile Aryan Coal Benefication Pvt Ltd) ST NCD 500 PR1 Diversified & Misc Action Construction Equipment Ltd CP 300 PR1+ Construction Equipments Adani Enterprises Ltd. STD # Diversified & Misc Adani Welspun Exploration Ltd.. CP/NCD # Oil & GAS Adhunik Metaliks Ltd. CP # Metals Aditya Birla Nuvo Ltd NCD 5000 CARE AA+ Diversified & Misc D Advanta India Ltd. NCD I 2500 CARE AA-(SO) Chemicals & Plastics Advanta India Ltd. NCD II 1250 CARE AA-(SO) Chemicals & Plastics Advanta India Ltd. CP/STD 500 PR1+(SO) Chemicals & Plastics Aegis Logistics Ltd. NCD/LTD 500 CARE AA- Chemicals & Plastics Aftek Ltd. NCD # Information Technology Ahluwalia Contracts (India) Ltd. CP 500 PR1 Construction Ahmedabad Municipal Corporation Bonds 1000 CARE AA Public Ahmedabad Municipal Corporation Tax Free Bonds 1500 CARE AA(SO) Public AIG Consumer Financial Serices (I) Ltd. FD # NBFC AIG Home Finance (I) Ltd. FD 1.15 CARE BBB- NBFC D Aircel Ltd. CP PR1 Telecommunication Ajanta Pharma Ltd. CP # Drugs & Pharmaceuticals Ajmer Vidyut Vitran Nigam Ltd. Bonds # Public Finance Akruti City Ltd. STD # Construction Akruti City Ltd. NCD # Construction Alembic Ltd. STD/CP $ Drugs & Pharmaceuticals Alembic Ltd. NCD 500 CARE AA Drugs & Allahabad Bank CD # Bank Allahabad Bank Tier II Bonds (Series IV) 2000 CARE AA+ Bank Allahabad Bank Tier II Bonds (Series V) 5000 CARE AA+ Bank Allahabad Bank Tier II Bonds (Series VI) 5619 CARE AA+ Bank Allahabad Bank Tier II Bonds (Series VII) 5000 CARE AA+ Bank Allahabad Bank Tier II Bonds (Series VIII) 4000 CARE AA+ Bank Allahabad Bank Tier II Bonds (Series IX) 4500 CARE AA+ Bank Allahabad Bank Upper Tier Bonds (Series I) 5000 CARE AA Bank Allahabad Bank Upper Tier Bonds (Series II) 5000 CARE AA Bank Allahabad Bank Perpetual Debt 3000 CARE AA Bank Alok Industries Ltd. CP/STD PR1+ Textile U Alok Industries Ltd. CP 2500 PR1 Alok Industries Ltd. NCD I 2000 CARE A+ Textile Alok Industries Ltd. NCD II 3000 CARE A+ Textile Alok Infrastructure Pvt. Ltd. Deep Discount NCD # Textile Amalgamated Bean Coffee Trading Co. Ltd. CP/STD 500 PR1+ Consumer Goods Amar Remedies Ltd. CP/STD 1400 PR1 Drugs & Pharmaceuticals Amar Remedies Ltd. NCD 400 CARE A- Drugs & Pharmaceuticals Amtek Auto Ltd. CP 1500 PR1+ Automobiles & Auto Ancilliaries Amtek Auto Ltd. NCD I 5000 CARE AA Automobiles & Auto Ancilliaries Amtek Auto Ltd. NCD II 800 CARE AA Automobiles & Auto Ancilliaries Amtek Auto Ltd. NCD III 2000 CARE AA Automobiles & Auto Ancilliaries Amtek Auto Ltd. NCD IV 8000 CARE AA Automobiles & Auto Ancilliaries Amtek India Ltd. CP 1000 PR1+ Automobiles & Auto Ancilliaries Amtek India Ltd. NCD I # Automobiles & Auto Ancilliaries Amtek India Ltd. NCD II 3000 CARE AA- Automobiles & Auto Ancilliaries Amtek India Ltd. NCD III 2000 CARE AA- Automobiles & Auto Ancilliaries Anant Raj Industries Ltd NCD 2000 CARE A- Andhra Bank Tier II Bonds (Series C) % Bank Andhra Bank Tier II Bonds (Series D) # Bank Andhra Bank Tier II Bonds (Series F) 7000 CARE AAA Bank Andhra Bank Tier II Bonds (Series G) 6000 CARE AAA Bank Andhra Bank Subordinated Bonds 3200 CARE AAA Bank Andhra Bank Upper Tier II Bonds 2800 CARE AA+ Bank Andhra Bank CD PR1+ Bank Andhra Pradesh Power Generation Corporation Ltd. Non SLR Bonds 5898 CARE A(SO) Public Finance Apollo Hospitals Enterprise Ltd. FD # Diversified & Misc Arch Pharmalab Ltd. NCD 100 CARE A Drugs & Pharmaceuticals Arch Pharmalab Ltd. OFCD # Drugs & Pharmaceuticals Arch Pharmalab Ltd. CP/STD 1000 PR1+(SO) Drugs & Pharmaceuticals Asian Electronics Ltd. CP/STD # Electricals & Electronics Asian Granito (India) Ltd. STD/CP $ Diversified & Misc Asian Hotels (North) Ltd. CP/STD 1250 PR1 Diversified & Misc AU Financiers (India) Pvt. Ltd CP 200 PR1 NBFC Avenue Supermarkets Pvt. Ltd CP/NCD 200 PR1 Diversified & Misc Avon Organics Ltd. CP/STD 400 PR1(SO) Drugs & Pharmaceuticals Avtec Ltd. CP/STD 250 PR2+ Automobiles & Auto Ancilliaries AXIS Bank Ltd. Tier II Bonds I CARE AAA Bank AXIS Bank Ltd. Tier II Bonds II CARE AAA Bank Bajaj Hindusthan Ltd. CP 2000 PR1+ Consumer Goods Bandhan Financial Services Pvt Ltd. STD/CP 250 PR2+ NBFC Bandhan Financial Services Pvt Ltd. NCD 500 CARE A- NBFC Bandhan Financial Services Pvt Ltd. Sub Tier II Bonds 500 CARE BBB+ NBFC Bank of Baroda Tier II Bonds (Series X) 5000 CARE AAA Bank Bank of Baroda Perpetual Bonds I 3002 CARE AAA Bank Bank of Baroda Perpetual Bonds II 3000 CARE AAA Bank Bank of Baroda Perpetual Bonds III 6000 CARE AAA Bank Bank of Baroda Perpetual Bonds IV 7115 CARE AAA Bank Bank of Baroda Upper Tier II Bonds (Series VII) 5000 CARE AAA Bank Bank of Baroda Upper Tier II Bonds (Series VIII) CARE AAA Bank Bank of Baroda Upper Tier II Bonds (Series IX) CARE AAA Bank Bank of Baroda Upper Tier II Bonds (Series XI) 5000 CARE AAA Bank Bank of Baroda Upper Tier II Bonds (Series XII) 5000 CARE AAA Bank Bank of Baroda Upper Tier II Bonds (Series XIII) 5000 CARE AAA Bank Bank of Baroda Upper Tier II Bonds (Series XIV) 5000 CARE AAA Bank Bank of Baroda Upper Tier II Bonds (Series XV) 5000 CARE AAA Bank 1

2 Bank of India Upper Tier II Bonds (Series II) 5000 CARE AAA Bank Bank of India Upper Tier II Bonds (Series III) 5000 CARE AAA Bank Bank of India Upper Tier II Bonds (Series IV) CARE AAA Bank Bank of India Upper Tier II Bonds (Series V) CARE AAA Bank Bank of India Perpetual Bonds (Series I) 4000 CARE AAA Bank Bank of India Perpetual Bonds (Series II) 3000 CARE AAA Bank Bank of Maharashtra Tier II Bonds(Series IV & V) # Bank Bank of Maharashtra Tier II Bonds (Series VI) 4000 CARE AA Bank Bank of Maharashtra Tier II Bonds (Series VII) 2250 CARE AA Bank Bank of Maharashtra Tier II Bonds (Series VIII) 2000 CARE AA Bank Bank of Maharashtra Upper Tier II Bonds I 3000 CARE AA- Bank Bank of Maharashtra Upper Tier II Bonds II 2000 CARE AA- Bank Bank of Maharashtra Upper Tier II Bonds III 1500 CARE AA- Bank Bank of Maharashtra Upper Tier II Bonds IV 2000 CARE AA- Bank Bank of Maharashtra Perpetual Debt 2250 CARE AA- Bank Banswara Syntex Ltd. NCD # Textile Beeta Infocom Pvt Ltd. NCD 1400 CARE A+(SO) * Diversified & Misc Bharat Hotels Ltd. NCD 1400 CARE A+ Hotels Bharat Hotels Ltd. CP 300 PR1+ Hotels Bharat Petroleum Corporation Ltd. CP/STD 5000 PR1+ Refinery Products Bharat Petroleum Corporation Ltd. NCD CARE AAA Refinery Products Bharati Shipyard Ltd. NCD 900 CARE A - Infrastructure Bhilangana Hydro Power Ltd. OFCD 200 CARE BBB Infrastructure Bhilosa Industries Pvt. Ltd. CP 100 PR1 Bhushan Power & Steel Ltd. CP/NCD 5000 PR1 Metals Bhushan Power & Steel Ltd. CP/NCD 3000 PR2+ Metals Bhushan Steel Ltd. CP/STD PR1+ Metals U Bhushan Steel Ltd. NCD CARE A+ Metals U Bhushan Steel Ltd. Subordinated Debt 1000 CARE A Metals Bhushan Steel Ltd. PS 2500 CARE A Binani Cement Ltd. NCD I CARE A Cement Binani Cement Ltd. NCD II 300 CARE A Cement Birla Corporation Ltd. CP/STD 1250 PR1+ Cement Birla Corporation Ltd. STD # Cement Birla Corporation Ltd. NCD 5000 CARE AA+ Cement U BL Kashyap & Sons Ltd. Term Loan # Construction D Blue Bird (India) Ltd. STD & Diversified & Misc Blue Star Ltd. CP/STD 3000 PR1 + CARE AAA Machinery/Equipments Bombay Rayon Fashions Ltd. CP 4000 PR1 Textile BP Ergo Ltd. CP 200 PR1 Diversified & Misc Brassco Estates Pvt Ltd. NCD 1000 CARE AA(SO)* Automobiles & Auto Ancilliaries BRM Lease & Credit (Pvt.) Ltd. FD # NBFC Cairn India Ltd. NCD CARE AAA Infrastructure Can Fin Homes Ltd. Tier II Bonds # NBFC Catholic Syrian Bank Ltd.,The Tier II Bonds 317 CARE BBB- Bank D Catholic Syrian Bank Ltd.,The Tier II Bonds 400 CARE BBB- Bank D Ceat Ltd CP $ Tyres Central Bank of India Tier II Bonds (Series VII & VIII) # Bank Central Bank of India Tier II Bonds (Series IX) 2000 CARE AA+ Bank Central Bank of India Tier II Bonds (Series X) 5782 CARE AA+ Bank Central Bank of India Tier II Bonds (Series XII) 3891 CARE AA+ Bank Central Bank of India Tier II Bonds (Series XIII) 2700 CARE AA+ Bank Central Bank of India CD PR1+ Bank Central Bank of India Upper Tier II Bonds (Series II) 2850 CARE AA Bank Central Bank of India Upper Tier II Bonds (Series III) 5000 CARE AA Bank Central Bank of India Upper Tier II Bonds (Series IV) 5000 CARE AA Bank Central Bank of India Upper Tier II Bonds (Series V) CARE AA Bank Centrum Capital Ltd. CP 250 PR1(SO) NBFC Century Textiles & Industries Ltd. CP PR1+ Textile CESC Ltd. STD 5000 PR1+ Infrastructure CESC Ltd. LT Borrowing/NCD # Infrastructure Chandigarh Distillers & Bottlers Ltd. STD/CP 50 PR1+ Diversified & Misc Cholamandalam Investment and Finance Co Ltd NCD 3000 CARE AA NBFC Cholamandalam Investment and Finance Co Ltd Perpetual Debt 1000 CARE A+ NBFC CIPLA Ltd. CP/STD 5000 PR1+ Drugs & Pharmaceuticals City Union Bank Ltd. Tier II Bonds 400 CARE A+ Bank U Clearing Corporation of India Ltd. RPS 500 CARE AAA(RPS) Financial Institution Colourplus Fashions Ltd. CP/STD # Textile Core Projects & Technologies Ltd NCD 1000 CARE A+ Diversified & Misc Corporation Bank Tier II Bonds 5000 CARE AAA Bank Corporation Bank Perpetual Bonds I 2375 CARE AAA Bank Corporation Bank Perpetual Bonds II 3000 CARE AAA Bank Corporation Bank Perpetual Bonds III 2000 CARE AAA Bank Corporation Bank Upper Tier II Bonds I 3000 CARE AAA Bank Corporation Bank Upper Tier II Bonds II 7000 CARE AAA Bank Corporation Bank Upper Tier II Bonds III 5000 CARE AAA Bank Corporation Bank Upper Tier II Bonds IV 5000 CARE AAA Bank Corporation Bank Upper Tier II Bonds VI 3000 CARE AAA Bank Corporation Bank Upper Tier II Bonds VII 5500 CARE AAA Bank Corrtech International Pvt. Ltd. CP 200 PR1 Diversified & Misc Cox & Kings (I) Ltd. CP/STD 750 PR1+ Diversified & Misc Cox & Kings (I) Ltd. CP/STD 750 PR1+ Diversified & Misc Cox & Kings (I) Ltd. NCD 3000 CARE AA- Diversified & Misc D.B. Corp Ltd. STD # Diversified & Misc D.B. Corp Ltd. CP 500 PR1+ Diversified & Misc D.B. Corp Ltd. NCD # Diversified & Misc Dahej Harbour and Infrastructure Ltd., CP/STD 1750 PR1+ Infrastructure Damodar Valley Corporation Bonds I 6400 CARE AA Infrastructure Damodar Valley Corporation Bonds II CARE AA Infrastructure DB Realty Ltd NCD # Diversified & Misc Deccan Chronicle Holdings Ltd STD 5000 PR1+ Diversified & Misc Deccan Chronicle Holdings Ltd Secured NCD I 2550 CARE AA Diversified & Misc Deccan Chronicle Holdings Ltd Secured NCD II 4000 CARE AA Diversified & Misc Deepak Fertilisers and Petrochemicals Corp. Ltd NCD I 1500 CARE AA Chemicals & Plastics Deepak Fertilisers and Petrochemicals Corp. Ltd NCD II 1000 CARE AA Chemicals & Plastics Delhi Assam Roadways Ltd. CP # Diversified & Misc Delhi Gurgaon Super Connectivity Ltd. NCD & Infrastructure Demuric Holdings Pvt. Ltd. ICD # Diversified & Misc Dena Bank Tier II Bonds (Series V) # Bank Dena Bank Tier II Bonds (Series VI) # Bank Dena Bank Tier II Bonds (Series VII) 1500 CARE AA Bank Dena Bank Tier II Bonds (Series VIII) 2100 CARE AA Bank Dena Bank Tier II Bonds (Series XI) 2000 CARE AA Bank Dena Bank Upper Tier II Bonds # Bank Dena Bank Perpetual Bonds 1250 CARE A+ Bank 2

3 Deutsche Postbank Home Finance Ltd NCD I 1000 CARE AAA(SO) Deutsche Postbank Home Finance Ltd NCD II 1500 CARE AAA(SO) Deutsche Postbank Home Finance Ltd Sub Debt 500 CARE AAA(SO) Deutsche Postbank Home Finance Ltd NCD III 2500 CARE AAA(SO) Deutsche Postbank Home Finance Ltd NCD IV 2500 CARE AAA(SO) Dewan Housing Finance Corp Ltd. NCD I CARE AA+ Dewan Housing Finance Corp Ltd. FD CARE AA + Dewan Housing Finance Corp Ltd. NCD II 5000 CARE AA+ Dewan Housing Finance Corp Ltd. NCD III CARE AA+ Dewan Housing Finance Corp Ltd. Pref Share 300 CARE AA Dewan Housing Finance Corp Ltd. Tier II Bonds (I) 800 CARE AA Dewan Housing Finance Corp Ltd. Tier II Bonds (II) 5000 CARE AA Dhanalakshmi Bank Ltd., The Tier II Bonds (Series IV) # Bank Dhanalakshmi Bank Ltd., The Tier II Bonds (Series V) 200 CARE A Bank U Dhanalakshmi Bank Ltd., The Tier II Bonds (Series VI) 100 CARE A Bank U Dhanalakshmi Bank Ltd., The Tier II Bonds (Series VI) 1500 CARE A Bank U Dhanalakshmi Bank Ltd., The Upper Tier II Bonds 2000 CARE A- Bank Dhanalakshmi Bank Ltd., The CD 8000 PR1+ Bank Dhunseri Tea & Petrochem Ltd. (erstwhile Dhunseri Tea & Industries Ltd.) STD/CP 1000 PR1+ Dishman Pharmaceuticals & Chemicals Ltd. STD/CP 200 PR1+ Drugs & Pharmaceuticals Dishman Pharmaceuticals & Chemicals Ltd. NCD 1500 CARE AA- Drugs & Pharmaceuticals DLF Limited CP/NCD PR1+ Real Estate Dolphin Offshore Enterprises (India) Ltd. CP 100 PR1 DPSC Ltd. NCD 3000 CARE A+ Educomp Solutions Ltd STD 800 PR1+ Diversified & Misc Elder Pharmaceuticals Ltd. CP 1350 PR1+ Drugs & Pharmaceuticals Elder Pharmaceuticals Ltd. NCD 2250 CARE A+ Elecon Engineering Co Ltd. STD/CP 1600 PR1+ Machinery/Equipments E Electrosteel Castings Ltd. STD/CP 4500 PR1+ Metals Electrosteel Castings Ltd. NCD I 1000 CARE AA Metals U Electrosteel Castings Ltd. NCD II 2000 CARE AA Metals U Emaar MGF Land Ltd. ST Debt # Construction Emaar MGF Land Ltd. LT Debt # Construction Emaar MGF Land Ltd. NCD 2500 CARE BB+ Emami Ltd. CP/STD 1000 PR1+ Consumer Goods Emami Ltd. LT Debt/NCD # Consumer Goods Emami Ltd. # Consumer Goods Emami Ltd. LT Debt/NCD III 1300 CARE AA+ Consumer Goods Emami Paper Mills Ltd. CP 500 PR1+ Paper & Packaging Emami Paper Mills Ltd. Term Borrowing/NCD $ Paper & Packaging Emami Realty Ltd. LT Debt/NCD 1000 CARE AA+(SO) Construction Emco Ltd. CP 500 PR1+ Electricals & Electronics Emco Ltd. NCD 600 CARE A+ Electricals & Electronics Emcure Pharmaceuticals Ltd. NCD # Emkay Share & Stock Brokers Ltd. CP # NBFC Era Infra Engineering Ltd. CP 4000 PR1 Construction Era Infra Engineering Ltd. NCD I CARE A+ Construction Era Infra Engineering Ltd. NCD III 750 CARE A+ Construction Era Infra Engineering Ltd. NCD IV 490 CARE A+ Construction Era Infra Engineering Ltd. NCD V 750 CARE A+ Construction Era Infra Engineering Ltd. NCD VI 1000 CARE A+ Construction Era Infra Engineering Ltd. NCD VII 1000 CARE A+ Construction Era Infra Engineering Ltd. NCD VIII 1000 CARE A+ Construction Escorts Finance Ltd. FD & NBFC Ess Dee Aluminium Ltd. CP 700 PR1+ Diversified & Misc Ess Dee Aluminium Ltd. NCD 1000 CARE AA- Diversified & Misc Essar Oil Ltd. Invoice Discounting Facility PR2(SO) Diversified & Misc Essar Power Ltd. CP 500 PR1+ Infrastructure Essar Power Ltd. STD 500 PR2+ Infrastructure Essar Power Ltd. NCD # Infrastructure Essar Power Ltd. NCD CARE A+ Infrastructure U Essar Retail Holdings Ltd. NCD 1500 CARE BBB-(SO) * Essar Shipping Port & Logistics Ltd. NCD 7000 CARE A+ Infrastructure Essar Shipping Port & Logistics Ltd. CP 1600 PR1 Shipping ETC Networks Ltd. NCD # Diversified & Misc ETC Networks Ltd. NCD II 750 CARE Diversified & Euro Ceramics Ltd. CP/STD # Diversified & Misc D Euro Ceramics Ltd. CP/STD # Diversified & Misc D Euro Ceramics Ltd. CP/STD # Diversified & Misc D Everonn Education Ltd CP/STD 500 PR1 Diversified & Misc Federal - Mogul Goetze (India) Ltd. CP # Automobiles & Auto Ancilliaries Federal - Mogul Goetze (India) Ltd. NCD # Automobiles & Auto Ancilliaries Federal Bank Ltd., The Tier II Sub. Bonds I 750 CARE AA Bank Federal Bank Ltd., The Tier II Sub. Bonds II 450 CARE AA Bank Federal Bank Ltd., The Tier II Sub. Bonds III # Bank Federal Bank Ltd., The Tier II Sub. Bonds IV 2000 CARE AA Bank First Leasing Co. of India Ltd. FD 900 CARE AA+ NBFC First Leasing Co. of India Ltd. CP 2000 PR1+ NBFC First Leasing Co. of India Ltd. STD 1000 PR1+ NBFC First Leasing Co. of India Ltd. NCD I 1000 CARE AA NBFC First Leasing Co. of India Ltd. NCD II 2000 CARE AA NBFC Future Capital Financial Services Ltd ST Borrowing Programme 1100 PR1+(SO)* NBFC Future Capital Holdings Ltd ST Borrowing Programme 5900 PR1+ NBFC Future Capital Holdings Ltd NCD I 6000 CARE A+ NBFC Future Value Retail Ltd CP 2000 PR1+ Diversified & Misc G.I. Power Corporation Ltd. FD # Infrastructure GAIL (India) Ltd. Borrowing Programme PR1+ CARE AAA Infrastrcture Gammon India Ltd. CP 6000 PR1+ Construction E Gammon India Ltd. MT NCD $ Construction Gammon India Ltd. NCD IV 500 CARE AA Construction D Gammon India Ltd. NCD V 500 CARE AA Construction D Gammon India Ltd. NCD VI 1000 CARE AA Construction D Gammon India Ltd. NCD VII 1000 CARE AA Construction D Gammon India Ltd. NCD VIII 1000 CARE AA Construction D Gammon Infraprojects India Ltd NCD 1000 CARE A+ Constructions Gannon Dunkerley Corporation Ltd. CP/STD I # Machinery/Equipments Gannon Dunkerley Corporation Ltd. CP/STD II 1000 PR1 Machinery/Equipments Gannon Dunkerley Corporation Ltd. NCD 1000 CARE A+ Machinery/Equipments Garden Silk Mills Ltd. CP/Mibor Linked/STD 3000 PR1+ Textile Garden Silk Mills Ltd. NCD 500 CARE A+ Textile Gas Apparels Pvt. Ltd. STD - # Diversified & Misc Gati Ltd CP 600 PR1 Diversified & Misc Gati Ltd NCD # Diversified & Misc D Gayatri Projects Ltd. CP 750 PR1 Construction GIC Housing Finance Ltd. NCD $ NBFC 3

4 Gitanjali Gems Ltd. NCD 1500 CARE A Gems & Jewellery D GMMCO Ltd. CP/STD 500 PR1+ Diversified & Misc GMMCO Ltd. NCD/Term Loan 200 CARE AA+ Diversified & Misc U GMR Energy Ltd RPS 3000 CARE A(SO) Infrastrcture GMR Infrastructure Ltd NCD CARE A(SO) Infrastructure GMR Pochanpalli Expressways Ltd NCD 6500 CARE AAA(SO) Infrastructure Godavari Marathwada Irrigation Development Corpn Bonds III CARE BBB+(SO) Public Finance Godavari Marathwada Irrigation Development Corpn Bonds IV CARE BBB+(SO) Public Finance Godavari Marathwada Irrigation Development Corpn Bonds V CARE BBB+(SO) Public Finance Godavari Marathwada Irrigation Development Corpn Bonds VI CARE BBB+(SO) Public Finance Godawari Power & Ispat Ltd. CP 200 PR1 Metals Godawari Power & Ispat Ltd. NCD 1250 CARE A Metals Grabal Alok Impex Ltd. CP/STD 500 PR1 Textile Grasim Bhiwani Textiles Ltd. CP/STD/ST Loan 100 PR1+(SO) Textile Grasim Industries Ltd. CP/STD 5000 PR1+ Diversified & Misc Grasim Industries Ltd. LT NCD (Umbrella Rating) 5000 CARE AAA Diversified & Misc Great Eastern Shipping Company Ltd., Th NCD IV 5000 CARE AAA Shipping Great Eastern Shipping Company Ltd., The NCD I 5000 CARE AAA Shipping Great Eastern Shipping Company Ltd., The NCD II 5000 CARE AAA Shipping Great Eastern Shipping Company Ltd., The NCD III 2000 CARE AAA Shipping Greater Visakhapatnam Municipal Corporation Bonds I 650 CARE AA-(SO) Public Finance Greater Visakhapatnam Municipal Corporation Bonds II 1000 CARE AA-(SO) Greenply Industries Ltd CP/STD I 300 PR1 Diversified & Misc Greenply Industries Ltd CP/STD II 150 PR1 Diversified & Misc GTL Ltd. NCD I CARE A Infrastructure GTL Ltd. NCD II 5000 CARE A Infrastructure Gujarat Alkalies & Chamicals Ltd. CP/STD 1000 PR1+ Chemicals & Plastics Gujarat NRE Coke Ltd. CP 1000 PR1+ Diversified & Misc Gujarat NRE Coke Ltd. NCD 2850 CARE AA- Diversified & Misc Gujarat NRE Coke Ltd. NCD II 2500 CARE AA- Diversified & Misc Gujarat State Fertilizers & Chemicals Ltd. STD/CP 5000 PR1+ Chemicals & Plastics Gujarat State Road Transport Corpn Bonds II # Public Finance Gujarat Toll Road Investment Co. Ltd. DDBs # Public Finance Gujarat Urja Vikas Nigam Ltd. Bonds III CARE A- (SO) Public Finance Gujarat Urja Vikas Nigam Ltd. Bonds IV CARE A-(SO) Public Finance Gujarat Urja Vikas Nigam Ltd. Bonds V 4000 CARE A- (SO) Public Finance Gulshan Polycols Ltd. OCD 300 CARE A GVK Gautami Power Ltd.(erstwhile Gautami Power Ltd.) NCD # Infrastructure Hanung Toys & Textiles Ltd. CP/STD 400 PR1 Diversified & Misc Harsha Engineers Ltd CP/STD 200 PR1+ Metal Havells India Ltd. STD/CP # Electricals & Electronics HDB Financial Services Ltd. STD 1000 PR1+ NBFC HDFC Bank Ltd. CD PR1+ Bank HDFC Bank Ltd. FD CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series I) 3950 CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series II) 50 CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series III) 2530 CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series IV) 700 CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series V) 910 CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series VI) 2310 CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series VII) 890 CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series VIII) 1680 CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series IX) 3000 CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series X) 1690 CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series XI) 2410 CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series XII) CARE AAA Bank HDFC Bank Ltd. Tier II Bonds (Series XIII) CARE AAA Bank HDFC Bank Ltd. Upper Tier II Bonds (Series I) 7359 CARE AAA Bank HDFC Bank Ltd. Upper Tier II Bonds (Series II) CARE AAA Bank HDFC Bank Ltd. Upper Tier II Bonds (Series III) CARE AAA Bank HDFC Bank Ltd. Perpetual Bonds(Series I) 2000 CARE AAA Bank HDFC Bank Ltd. Perpetual Bonds (Series II) 7000 CARE AAA Bank Hero Financial Services Ltd. FD & NBFC Himadri Chemicals & Industries Ltd STD/CP 1000 PR1+ Chemicals & Plastics Himadri Chemicals & Industries Ltd NCD I 1000 CARE AA- Chemicals & Plastics Himadri Chemicals & Industries Ltd NCD II 1000 CARE AA- Chemicals & Plastics Hindustan Construction Co. Ltd. CP/STD I 5000 PR1+ Hindustan Construction Co. Ltd. CP/STD II 1000 PR1+ Hindustan Construction Co. Ltd. NCD I CARE AA- Hindustan Construction Co. Ltd. NCD II 1000 CARE AA- Hindustan Construction Co. Ltd. NCD III 400 CARE AA- Hindustan Construction Co. Ltd. NCD IV 100 CARE AA- Hindustan Construction Co. Ltd. NCD V 1000 CARE AA- Hindustan National Glass & Industries Ltd. STD/CP 1750 PR1+ Diversified & Misc Hindustan National Glass & Industries Ltd. NCD I 1000 CARE AA+ Diversified & Misc U Hindustan National Glass & Industries Ltd. NCD II 250 CARE AA+ Diversified & Misc U HMT Ltd. Bonds 3100 CARE BB(SO) Diversified & Misc Hotel LeelaVenture Ltd NCD 900 CARE A Housing & Urban Dev. Corporation Ltd. STD PR1+ Financial Institution Housing & Urban Dev. Corporation Ltd. LT Bonds (Umbrella Bonds 2005) CARE AA+ Financial Institution Housing & Urban Dev. Corporation Ltd. FD CARE AA+ Financial Institution Housing & Urban Dev. Corporation Ltd. LT Bonds (Umbrella Bonds 2004) CARE AAA(SO) Financial Institution Housing & Urban Dev. Corporation Ltd. LT Bonds (Umbrella Bonds 2002) CARE AA+ Financial Institution Housing & Urban Dev. Corporation Ltd. LT Bonds (Umbrella Bonds 2003) 3750 CARE AA+ Financial Institution Housing & Urban Dev. Corporation Ltd. LT Bonds (Umbrella Bonds 2006) CARE AA+ Financial Institution Housing & Urban Dev. Corporation Ltd. LT Bonds (Umbrella Bonds 2007) CARE AA+ Financial Institution Housing Development & Infrastructure Ltd. STD # Infrastructure Housing Development & Infrastructure Ltd. NCD I 5396 CARE A+ Infrastructure Housing Development & Infrastructure Ltd. NCD II CARE A+ Infrastructure ICICI Bank Ltd. CD PR1+ Bank ICICI Bank Ltd. FD CARE AAA Bank ICICI Bank Ltd. Perpetual Bonds CARE AAA Bank ICICI Bank Ltd. Upper Tier II Bonds CARE AAA Bank ICICI Bank Ltd. Tier II Bonds CARE AAA Bank ICICI Bank Ltd. Infra Bonds CARE AAA Bank ICICI Bank Ltd. Tier II Bonds CARE AAA Bank ICICI Bank Ltd. Tier II Bonds (Series I) CARE AAA Bank ICICI Bank Ltd. Tier II Bonds (Series II) CARE AAA Bank ICICI Bank Ltd. Tier II Bonds (Series III) 7920 CARE AAA Bank ICICI Bank Ltd. Tier II Bonds (Series IV) 5250 CARE AAA Bank ICICI Bank Ltd. Tier II Bonds (Series V) 4500 CARE AAA Bank ICICI Bank Ltd. Bonds (Pvt Placement 1998) 8366 CARE AAA Bank ICICI Bank Ltd. Bonds (Pvt Placement 1999) 2160 CARE AAA Bank ICICI Bank Ltd. Bonds (Pvt Placement 2000) 280 CARE AAA Bank ICICI Bank Ltd. Bonds (Pvt Placement 2001) 4740 CARE AAA Bank 4

5 ICICI Bank Ltd. Bonds (Pvt Placement 2002) CARE AAA Bank ICICI Bank Ltd. Bonds (Pvt Placement 2003) 1150 CARE AAA Bank ICICI Bank Ltd. Bonds (Pvt Placement 2004) 200 CARE AAA Bank ICICI Bank Ltd. Bonds (Pub Issue 2003) 1320 CARE AAA Bank ICICI Bank Ltd. Bonds (Pub Issue 2005) CARE AAA Bank ICICI Bank Ltd. Bonds (Pub Issue 2002) 380 CARE AAA Bank ICICI Bank Ltd. Bonds (Pub Issue 2001) 960 CARE AAA Bank ICICI Bank Ltd. Bonds (Pub Issue 2000) 1070 CARE AAA Bank ICICI Bank Ltd. Bonds (Pub Issue 1999) 1780 CARE AAA Bank ICICI Bank Ltd. Bonds (Pub Issue 1998) 980 CARE AAA Bank ICICI Bank Ltd. Bonds (Pub Issue 1997) 350 CARE AAA Bank ICICI Bank Ltd.(erstwhile Bank of Rajasthan Ltd.) Tier II Bonds I 720 CARE AAA Bank ICICI Bank Ltd.(erstwhile Bank of Rajasthan Ltd.) Tier II Bonds II 700 CARE AAA Bank ICICI Bank Ltd.(erstwhile Bank of Rajasthan Ltd.) Tier II Bonds III 480 CARE AAA Bank ICICI Bank Ltd.(erstwhile Bank of Rajasthan Ltd.) Tier II Bonds IV 438 CARE AAA Bank ICICI Bank Ltd.(erstwhile Bank of Rajasthan Ltd.) Tier II Bonds V 500 CARE AAA Bank ICICI Bank Ltd.(erstwhile Bank of Rajasthan Ltd.) Upper Tier II Bonds (Series I) 611 CARE AAA Bank ICICI Home Finance Co. Ltd. FD CARE AAA(SO) NBFC ICICI Home Finance Co. Ltd. Sr. Bonds CARE AAA(SO) NBFC ICICI Home Finance Co. Ltd. Subordinate Bonds 3350 CARE AAA(SO) NBFC ICICI Home Finance Co. Ltd. FD CARE AAA NBFC E ICICI Home Finance Co. Ltd. Sr. Bonds CARE AAA NBFC ICICI Home Finance Co. Ltd. Subordinate Bonds 1650 CARE AAA NBFC IDBI Bank Ltd. FD/CD # Bank IDBI Bank Ltd. Flexi Bonds IV 16 CARE AA+ Bank IDBI Bank Ltd. Flexi Bonds VI 5.4 CARE AA+ Bank IDBI Bank Ltd. Flexi Bonds VII 7.1 CARE AA+ Bank IDBI Bank Ltd. Bond/Deposits # Bank IDBI Bank Ltd. Omni Bonds # Bank IDBI Bank Ltd. Tier II Bonds 400 CARE AA+ Bank IDBI Capital Market Services Ltd. Tier III Bonds # NBFC IDBI Home Finance Ltd. Tier II Bonds (Series I) 600 CARE AA IDBI Home Finance Ltd. Tier II Bonds (Series II) 200 CARE AA IDBI Home Finance Ltd. Tier II Bonds (Series III) 500 CARE AA IDBI Home Finance Ltd. Tier II Bonds (Series IV) 400 CARE AA IFCI Ltd. FD # Financial Institution IFCI Ltd. Long & Medium Debt # Financial Institution IFCI Ltd. PS # Financial Institution IFCI Ltd. Bonds # Financial Institution IFCI Ltd. Taxable Bonds 2500 CARE A- Financial Institution IFGL Refractories Ltd. STD/CP 100 PR1+ Metals IKF Finance Ltd. FD # NBFC IKF Finance Ltd. NCD 60 CARE BBB+ NBFC IL&FS Financial Services Ltd. CP/STD 7500 PR1+ NBFC IL&FS Transporation Networks Ltd. CP 2000 PR1 Infrastructure U India Cements Ltd. CP 2000 PR1+ Cement India Cements Ltd. NCD I 3000 CARE AA- Cement India Cements Ltd. NCD II 3000 CARE AA- Cement India Infrastructure Finance Company Ltd Unsecured Taxable Bonds CARE AAA(SO) NBFC India Infrastructure Finance Company Ltd Taxable Bonds CARE AAA(SO) NBFC India Infrastructure Finance Company Ltd Infrastructure Bonds CARE AAA(SO) NBFC Indiabulls Financial Services Ltd LT Debt/NCD CARE AA+ NBFC U Indian Hotels Co. Ltd., The NCD I CARE AA+ Hotels Indian Hotels Co. Ltd., The NCD II 7000 CARE AA+ Indian Hume Pipe Co. Ltd., The CP 400 PR1+ Metals Indian Hume Pipe Co. Ltd., The STD 300 PR1+ Metals Indian Overseas Bank Tier II Sub Bonds V 2000 CARE AA+ Bank Indian Overseas Bank Tier II Sub Bonds VI 2000 CARE AA+ Bank Indian Overseas Bank Tier II Sub Bonds VII 1500 CARE AA+ Bank Indian Overseas Bank Tier II Sub Bonds VIII 2000 CARE AA+ Bank Indian Overseas Bank Tier II Sub Bonds X 3000 CARE AA+ Bank Indian Overseas Bank Tier II Sub Bonds 360 CARE AA+ Bank Indian Railway Finance Corporation Ltd. ST Market Borrowing PR1+ Financial Institution Indian Railway Finance Corporation Ltd. Mkt. Borrowing Programme I CARE AAA Financial Institution Indian Railway Finance Corporation Ltd. Mkt. Borrowing Programme II CARE AAA Financial Institution Indian Railway Finance Corporation Ltd. Mkt. Borrowing Programme III CARE AAA Financial Institution Indian Railway Finance Corporation Ltd. Mkt. Borrowing Programme V CARE AAA Financial Institution Indian Railway Finance Corporation Ltd. Mkt. Borrowing Programme VI CARE AAA Financial Institution Indian Renewable Energy Development Agency Ltd. Bonds I 1000 CARE AAA(SO) Financial Institution Indian Renewable Energy Development Agency Ltd. Bonds II 1500 CARE AAA(SO) Financial Institution Indian Renewable Energy Development Agency Ltd. Bonds III 4000 CARE AAA(SO) Financial Institution Indian Smelting & Refining Co. Ltd. CP/STD 300 PR1+ Metals U Indo Asian Finance Ltd. FD 30 CARE BBB- NBFC Indo Count Industries Ltd. NCD CARE C D Indowind Energy Ltd. NCD 1000 CARE A- IndusInd Bank Ltd Tier II Bonds 4500 CARE AA- Bank Infotel Broadband Services Ltd NCD I CARE AAA(SO) Diversified & Misc Infotel Broadband Services Ltd NCD II CARE AAA(SO) Diversified & Misc Infrastructure Leasing & Financial Services Ltd. ST Borrowing Programme 4750 PR1+ NBFC Infrastructure Leasing & Financial Services Ltd. NCD M 368 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 99 (I) 100 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 99 (III) 250 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 2001 (II) 159 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 2001 (IV) 175 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 2001 (IX A) 29 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 2001 (IX B) 9 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 2001 X 286 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 2001 XI 196 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. Subordinate Debt CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 2002 VIII 750 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 2002 XI 1643 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 2003 III 710 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 7000 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 4000 CARE AAA NBFC Infrastructure Leasing & Financial Services Ltd. NCD 5000 CARE AAA NBFC Intas Pharmaceuticals Ltd. NCD 1500 CARE AA Drugs & Pharmaceuticals Intas Pharmaceuticals Ltd. CP/STD 750 PR1+ Drugs & Pharmaceuticals J.K. Cement Ltd. STD/CP 1000 PR1+ Cement J.K. Cement Ltd. NCD I 1500 CARE A+ Cement E J.K. Cement Ltd. NCD II 1500 CARE A+ Cement E J.K. Tyre & Industries Ltd. CP/STD 750 PR1 Tyre J.K. Tyre & Industries Ltd. Zero Coupon NCD 124 CARE A Jagdamba Power & Alloys Ltd. CP 100 PR1 Infrastructure Jai Balaji Industries Ltd. STD # Machinery/Equipments Jain Irrigation Systems Ltd CP/STD 3000 PR1+ Diversified & Misc 5

6 Jaiprakash Associates Ltd. STD # Cement Jaiprakash Associates Ltd. CP PR1 Cement Jaiprakash Associates Ltd. NCD II 1050 CARE AA(SO) Cement Jaiprakash Associates Ltd. NCD III 300 CARE A+ Cement Jaiprakash Associates Ltd. NCD IV 1500 CARE A+ Cement Jaiprakash Associates Ltd. NCD V 4000 CARE A+ Cement Jaiprakash Associates Ltd. NCD VI 5000 CARE A+ Cement Jaiprakash Associates Ltd. NCD VII 5000 CARE A+ Cement Jaiprakash Associates Ltd. NCD VIII 4500 CARE A+ Cement Jaiprakash Associates Ltd. NCD IX 5000 CARE A+ Cement Jaiprakash Associates Ltd. NCD X CARE A+ Cement Jaiprakash Associates Ltd. LT Debt I 5000 CARE A+ Cement Jaiprakash Associates Ltd. LT Debt II 9000 CARE A+ Cement Jaiprakash Power Ventures Ltd. Zero Coupon NCD I CARE A(SO) Infrastructure Jaiprakash Power Ventures Ltd. Zero Coupon NCD II CARE A(SO) Infrastructure Jaipur Vidyut Vitran Nigam Ltd. Bonds # Public Finance Jammu & Kashmir Bank Ltd., The Tier II Bonds 6000 CARE AA Bank Jammu & Kashmir State Power Development Corpn Ltd. Bonds III 1076 CARE D(SO) Public Finance Jammu & Kashmir State Power Development Corpn Ltd. Bonds III A 409 CARE D(SO) Public Finance Jammu & Kashmir State Power Development Corpn Ltd. Bonds IV 1742 CARE D(SO) Public Finance Jayabharat Credit Ltd. FD CARE BB NBFC Jaypee Infratech Ltd NCD CARE A(SO) Infrastrcture JBF Industries Ltd. NCD I 500 CARE A+ Textiles JBF Industries Ltd. NCD II 500 CARE A+ Textiles JBF Industries Ltd. CP 1000 PR1+ Textiles E Jindal Power Ltd. STD/CP 7500 PR1+ Infrastructure Jindal SAW Ltd. STD 3000 PR1+ Metals Jindal SAW Ltd. NCD I & II # Metals Jindal SAW Ltd. RPS # Metals Jindal Steel & Power Ltd NCD 1000 CARE AA+ Metals JK Lakshmi Cement Ltd. CP 500 PR1+ Cement JK Lakshmi Cement Ltd. ST NCD 200 PR1+ Cement JK Lakshmi Cement Ltd. NCD 2500 CARE AA- Cement JMC Projects (India) Ltd. STD/CP 1000 PR1+ Construction E JMC Projects (India) Ltd. NCD 600 CARE AA- Construction Jodhpur Vidyut Vitran Nigam Ltd. Bonds # Public Finance JSL Ltd. Secured NCD 4300 CARE C Metals JSL Ltd. Secured NCD II # Metals JSL Ltd. Subordinate Debt 5000 CARE C Metals JSL Ltd. CP # Metals JSW Energy Ltd. NCD I CARE AA- Infrastructure JSW Energy Ltd. NCD II CARE AA- Infrastructure JSW Energy Ltd. STD 2000 PR1+ Infrastructure JSW Steel Ltd. STD PR1+ Metals JSW Steel Ltd. MT NCD 2500 CARE AA Metals U JSW Steel Ltd. NCD I 1000 CARE AA Metals U JSW Steel Ltd. NCD II 5000 CARE AA Metals U JSW Steel Ltd. NCD III 700 CARE AA Metals U JSW Steel Ltd. NCD VI 3500 CARE AA Metals U JSW Steel Ltd. NCD V CARE AA Metals U Jyoti Structures Ltd. CP 1000 PR1 Chemicals & Plastics Jyoti Structures Ltd. NCD 1250 CARE A KAL Airways Pvt Ltd. STD 7500 PR1+(SO) Diversified & Misc Kalpataru Power Transmission Ltd. STD/CP 2000 PR1+ Diversified & Misc E Kalpataru Power Transmission Ltd. NCD I 250 CARE AA Diversified & Misc Kalpataru Power Transmission Ltd. NCD II 1250 CARE AA Diversified & Misc Kanoria Chemicals & Industries Ltd. STD/CP 400 PR1+ Chemicals & Plastics Karnataka Bank Ltd., The Tier II Bonds I 1500 CARE A+ Bank Karnataka Bank Ltd., The Tier II Bonds II 2000 CARE A+ Bank Karnataka State Financial Corporation Bonds 1230 CARE AA-(SO) Public Finance Karnataka State Financial Corporation Taxable Bonds 1000 CARE AA-(SO) * KEI Industries Ltd. CP/STD 300 PR2+ Diversified & Misc D Kemrock Industries & Exports Ltd. NCD 1500 CARE BBB+ Diversified & Misc Kerala State Electricity Board Bonds I % Public Finance Kerala State Electricity Board Bonds II & Public Finance Kerala State Power and Infrastructure Finance Corporation Ltd. Bonds I, II & III # Public Kerala Transport Development Finance Corpn Ltd. FD & Public Finance Kerala Transport Development Finance Corpn Ltd. Bonds I # Public Kerala Transport Development Finance Corpn Ltd. Bonds II 240 CARE BBB(SO) Public Kerala Transport Development Finance Corpn Ltd. Bonds III A 190 CARE BBB(SO) Public Kesoram Industries Ltd. CP/STD I 4500 PR1+ Diversified & Misc Kesoram Industries Ltd. STD 500 PR1+ Diversified & Misc Kesoram Industries Ltd. NCD (Tranche I) # Diversified & Misc Kesoram Industries Ltd. NCD (Tranche II-V)) CARE AA Diversified & Misc Kesoram Industries Ltd. NCD II # Diversified & Misc Khadim India Ltd NCD/Term Loan 500 CARE BBB+ Diversified & Misc Kohinoor Foods Ltd. CP/STD # Chemicals & Plastics Kolkata Municipal Corporation, The Bonds # Public Finance Kolte Patil Developers Ltd. STD # Construction Konkan Irrigation Dev. Corp. Bonds IV CARE BBB+(SO) Public Finance Konkan Irrigation Dev. Corp. Bonds V CARE BBB+(SO) Public Finance Konkan Irrigation Dev. Corp. Bonds VI 229 CARE BBB+(SO) Public Finance Konkan Railway Corporation Ltd. Bonds 5960 CARE AAA(SO) Infrastructure Koutons Retail India Ltd. NCD/STD & Diversified & Misc D L&T Finance Ltd. STD/CP PR1+ NBFC L&T Finance Ltd. STD/CP # NBFC L&T Finance Ltd. FD # NBFC L&T Finance Ltd. NCD CARE AA+ NBFC L&T Finance Ltd. NCD # NBFC L&T Finance Ltd. NCD CARE AA+(SO) NBFC L&T Finance Ltd. NCD 6000 CARE AA+(SO) NBFC L&T Finance Ltd. Subordinated Debt 2750 CARE AA+ NBFC L&T Infrastructure Finance Ltd. STD/CP PR1+ NBFC L&T Infrastructure Finance Ltd. NCD CARE AA+ NBFC L&T Infrastructure Finance Ltd. Infrastructure Bonds 7000 CARE AA+ NBFC Lakshmi Vilas Bank Ltd., The Tier II Bonds (Series I) 100 CARE BBB+ Bank Lakshmi Vilas Bank Ltd., The Tier II Bonds (Series II) 300 CARE BBB+ Bank Lakshmi Vilas Bank Ltd., The Tier II Bonds (Series III) 300 CARE BBB+ Bank Lambda Therapeutic Research Ltd CP/STD 180 PR1 Drugs & Pharmaceuticals Lanco Industries Ltd. STD 1250 PR1+ Metals Lanco Industries Ltd. NCD # Metals Lanco Infratech Ltd. NCD 1000 CARE A- Diversified & Misc Lanco Infratech Ltd. CP 1000 PR1 Diversified & Misc Lands End Properties Pvt. Ltd NCD 4000 CARE AA+(SO) * Hotel Lavasa Corporation Ltd DDCD I 2250 CARE A+(SO) Real 6

7 Lavasa Corporation Ltd DDCD II 1000 CARE BBB(SO) Real Lavasa Corporation Ltd DDCD III 1100 CARE BBB(SO) Real Lavasa Corporation Ltd DDCD IV 1750 CARE A+(SO) Real Lavasa Corporation Ltd NCD I 1000 CARE A+(SO) * Real Lavasa Corporation Ltd NCD II 1000 CARE A+(SO) * Real Lavasa Corporation Ltd NCD III 1250 CARE A+(SO) * Real Lavasa Corporation Ltd NCD IV 1050 CARE BBB(SO)* Real Lavasa Corporation Ltd CPS 250 CARE BBB-(SO) Real LIC Housing Finance Ltd. NCD/Bonds (Series I) CARE AAA NBFC LIC Housing Finance Ltd. NCD/Bonds (Series II) CARE AAA NBFC LIC Housing Finance Ltd. NCD/Bonds (Series III) CARE AAA NBFC LIC Housing Finance Ltd. Subordinate Bonds 7500 CARE AAA NBFC LIC Housing Finance Ltd. Upper Tier II Bonds CARE AAA NBFC Lloyd Electric & Engineering Ltd. STD/CP 650 PR1 Electricals & Electronics D Madhya Pradesh Financial Corporation Bonds 500 CARE BBB+(SO) Public Finance Magma Fincorp Ltd. STD I PR1+ NBFC E Magma Fincorp Ltd. STD II 5000 PR1+ NBFC E Magma Fincorp Ltd. FD # NBFC Magma Fincorp Ltd. MT Bond/Note I & II # NBFC Magma Fincorp Ltd. MT Bond/Note III 200 CARE AA NBFC Magma Fincorp Ltd. MT Bond/Note IV 500 CARE AA NBFC Magma Fincorp Ltd. MT Bond/Note V 500 CARE AA NBFC Magma Fincorp Ltd. MT Bond/Note VI 1500 CARE AA NBFC Magma Fincorp Ltd. MT Bond/Note VII 1000 CARE AA NBFC Magma Fincorp Ltd. MT Bond/Note VIII 1500 CARE AA NBFC Magma Fincorp Ltd. LT Borrowing # NBFC Magma Fincorp Ltd. Tier II Bonds I 1500 CARE AA- NBFC Magma Fincorp Ltd. Tier II Bonds II 1000 CARE AA- NBFC Magma Fincorp Ltd. Tier II Bonds III 1000 CARE AA- NBFC Magma Fincorp Ltd. Tier II Bonds IV 250 CARE AA- NBFC Magma Fincorp Ltd. Tier II Bonds V 1000 CARE AA- NBFC Magma Fincorp Ltd. Perpetual Debt I 400 CARE A+ NBFC Magma Fincorp Ltd. Perpetual Debt II 400 CARE A+ NBFC Magma Fincorp Ltd. RPS I 300 CARE AA- NBFC Magma Fincorp Ltd. RPS II 300 CARE AA- NBFC Maharashtra Airport Development Corporation Ltd. NCD 1500 CARE A- Infrastructure Maharashtra Jeevan Pradhikaran Bonds CARE BBB -(SO) Public Finance Maharashtra Krishna Valley Development Corpn Bonds 2000/B CARE BBB+(SO) Public Finance Maharashtra Krishna Valley Development Corpn Bonds 2001/A CARE BBB+(SO) Public Finance Maharashtra Krishna Valley Development Corpn Bonds 2003/A 14.5 CARE BBB+(SO) Public Finance Maharashtra Patbandhare Vittiya Co. Ltd. Bonds CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds II CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds VIII 1870 CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds IX 348 CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds X 380 CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds XIV 400 CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds XVI 682 CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds XVII CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds XVIII CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds XIX CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds XX 700 CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds XXI 550 CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds XXII 1320 CARE BBB+(SO) Public Finance Maharashtra State Road Development Corpn Ltd. Bonds XXIII 3800 CARE BBB+(SO) Public Finance Maharashtra Water Conservation Corporation Bonds III 2.3 CARE BBB- (SO) Public Finance Manaksia Ltd. STD/CP 1600 PR1+ Diversified & Misc Manaksia Ltd. Term Borrowing/NCD 600 CARE AA Diversified & Misc Manipal Housing Finance Syndicate Ltd. FD 72.5 CARE BBB+ NBFC McNally Bharat Engineering Co. Ltd. STL/CP 800 PR1+ Construction Meghmani Organics Ltd. CP 500 PR1+ Meghmani Organics Ltd. NCD 1000 CARE A+ Mercator Lines Ltd STD 1000 PR1+ Diversified & Misc Mercator Lines Ltd NCDs CARE AA- Diversified & Misc D Mercator Lines Ltd NCD 2000 CARE AA- Diversified & Misc D Mercator Lines Ltd Pref Shares 1000 CARE A+ Diversified & Misc D Micro Finance Ltd. FD & NBFC Micro Inks Ltd. CP/STD 1000 PR1+ Chemicals & Plastics E Micro Technologies (India) Ltd. CP 500 PR1 Diversified & Misc Micro Technologies (India) Ltd. NCD 1000 CARE A Diversified & Misc MMTC Ltd. CP 5000 PR1+ Diversified & Misc Monnet Ispat & Energy Ltd. STD/CP 2500 PR1+ Metals Monnet Ispat & Energy Ltd. NCD I 3000 CARE AA- Metals Monnet Ispat & Energy Ltd. NCD II 5000 CARE AA- Metals Morgan Stanley India Capital Private Ltd Equity Linked Debenture CARE AAA(SO) (mr) NBFC MRF Ltd. CP 2000 PR1+ Tryes MRF Ltd. NCD I 1000 CARE AAA Tryes MRF Ltd. NCD II 2000 CARE AAA Tryes MRF Ltd. NCD III 2000 CARE AAA Tryes MSEB Holding Company Bonds VII CARE BBB-(SO) Public MSEB Holding Company Bonds VIII 26.2 CARE BBB-(SO) Public MSTC Ltd. STD # Metals Mukand Ltd. STD # Automobiles & Auto Ancilliaries D Mundra Port & Special Economic Zone Ltd. NCD CARE AA(SO) Infrastructure Mysore Paper Mills ltd. NCD I 500 CARE AA-(SO) Paper Mysore Paper Mills ltd. NCD II 500 CARE AA-(SO) * Paper Nagarjuna Fertilzers & Chemicals Ltd. PS CARE Chemicals & Plastics U Nandi Economic Corridor Enterprise Ltd. NCD I # Infrastructure Nandi Economic Corridor Enterprise Ltd. NCD II 699 CARE BBB- Infrastructure National Bank for Agriculture and Rural Development CP/CD # Financial Institution National Bank for Agriculture and Rural Development Bonds NPSB III CARE AAA Financial Institution National Bank for Agriculture and Rural Development Bonds NPSB VII E 3090 CARE AAA Financial Institution National Bank for Agriculture and Rural Development Bonds NPSB VIII CARE AAA Financial Institution National Bank for Agriculture and Rural Development Bonds NPSB IX CARE AAA Financial Institution National Bank for Agriculture and Rural Development Bonds NPSB XI CARE AAA Financial Institution National Bank for Agriculture and Rural Development Bonds BNB I CARE AAA Financial Institution National Bank for Agriculture and Rural Development Bonds BNB II CARE AAA Financial Institution National Bank for Agriculture and Rural Development Bonds BNB CARE AAA Financial Institution National Bank for Agriculture and Rural Development Bonds BNB CARE AAA Financial Institution National Bank for Agriculture and Rural Development Umbrella Borrowing (unutilised limit) CARE AAA Financial Institution National Bank for Agriculture and Rural Development Term Deposit CARE AAA Financial Institution National Bank for Agriculture and Rural Development Bonds BNB CARE AAA Financial Institution National Engineering Industries Ltd. STD/CP I 300 PR1+ Machinery/Equipments National Engineering Industries Ltd. STD/CP II 900 PR1+ Machinery/Equipments National Highways Authority of India Bonds 54EC CARE AAA Infrastructure National Housing Bank Bonds CARE AAA Bank 7

8 National Housing Bank LT Market Borrowing # Bank National Textile Corporation Ltd. Bonds (VII, VIII & IX) # Textile Nava Bharat Ferro Alloys Ltd. FD & Metals Neelachal Ispat Nigam Ltd. Bonds I # Metals Neelachal Ispat Nigam Ltd. Bonds II 160 CARE AA(SO) Metals Neelachal Ispat Nigam Ltd. Bonds III 192 CARE AA(SO) Metals Neelachal Ispat Nigam Ltd. Bonds IV 2000 CARE AA(SO) Metals Neesa Leisure Ltd. DDBs 400 CARE BB+ ^ Diversified & Misc Neesa Leisure Ltd. NCD 300 CARE BB+ ^ Diversified & Misc Newlink Overseas Finance Ltd. FD 180 CARE BBB NBFC NHDC Ltd. Bonds # Infrastructure Nilkamal Ltd NCD $ Chemicals & Plastics Nilkamal Ltd. CP/STD 500 PR1+ Chemicals & Plastics Nirmal BOT Ltd. NCD 2800 CARE AAA(SO)* Infrastructure NITCO Ltd. CP # Diversified & Misc Noida Toll Bridge Company Ltd. DDBs 54 CARE A- Infrastructure North Karnataka Expressways Ltd. NCD 4636 PR1+(SO) * CARE AAA(SO) * Infrastructure NTPC Ltd. Bonds 1950 CARE AAA Infrastructure Nuclear Power Corp. of India Ltd. Bonds (Series 14) 1000 CARE AAA Infrastructure Nuclear Power Corp. of India Ltd. Bonds (Series 18) 700 CARE AAA Infrastructure Nuclear Power Corp. of India Ltd. Bonds (Series 19) 350 CARE AAA Infrastructure Nuclear Power Corp. of India Ltd. Bonds (Series 20) 5500 CARE AAA Infrastructure Nuclear Power Corp. of India Ltd. Bonds (Series 21) 1390 CARE AAA Infrastructure Nuclear Power Corp. of India Ltd. Bonds (Series 22) 8200 CARE AAA Infrastructure Nuclear Power Corp. of India Ltd. Bonds (Series 23) 1770 CARE AAA Infrastructure Nuclear Power Corp. of India Ltd. Bonds (Series 24) 500 CARE AAA Infrastructure Nuclear Power Corp. of India Ltd. Bonds (Series 25) CARE AAA Infrastructure OCL (India) Ltd NCD # Cement Omaxe Ltd. STD I # Construction Omaxe Ltd. STD II # Construction D ONGC Tripura Power Co. Ltd STD/NCD/CP 5000 PR1+ Infrastructure Orient Paper & Industries Ltd. NCD 1000 CARE AA- Diversified & Misc U Oriental Bank of Commerce Tier II Bonds (Series I) 5000 CARE AAA Bank Oriental Bank of Commerce Tier II Bonds(Series II) 5000 CARE AAA Bank Oriental Bank of Commerce Tier II Bonds(Series III) 3000 CARE AAA Bank Oriental Bank of Commerce Upper Tier II Bonds (Series I) 5000 CARE AA+ Bank Oriental Bank of Commerce Upper Tier II Bonds (Series II) 2000 CARE AA+ Bank Oriental Bank of Commerce Upper Tier II Bonds (Series III) 5000 CARE AA+ Bank Oriental Bank of Commerce Perpetual Bonds I 2500 CARE AA+ Bank Oriental Bank of Commerce Perpetual Bonds II 3000 CARE AA+ Bank Oriental Bank of Commerce Perpetual Bonds III 3000 CARE AA+ Bank ORIX Auto Infrastructure Services Ltd. ST Borrowings/CP # NBFC Panacea Biotec Ltd. CP 1000 PR1 Drugs & Pharmaceuticals Pantaloon Retail (India) Ltd. CP 900 PR1+ Consumer Goods Pantaloon Retail (India) Ltd. NCD 2500 CARE A Consumer Goods Parekh Aluminex Ltd. CP/STD/NCD I # Metals Parekh Aluminex Ltd. CP/STD/NCD II 400 PR1+ Metals Parekh Aluminex Ltd. NCD 1250 CARE AA- Parsvnath Developers Ltd. STD # Construction Parsvnath Developers Ltd. NCD # Construction Patel Engineering Ltd. CP/STD 4000 PR1+ Construction Patel Engineering Ltd. NCD I 2000 CARE AA Construction Patel Engineering Ltd. NCD II 1000 CARE AA Construction Patel Engineering Ltd. NCD III 2000 CARE AA Construction Patel KNR Infrastructure Pvt. Ltd. NCD 4090 CARE AAA(SO) * Infrastructure Peerless Abasan Finance Ltd. FD & NBFC Peninsula Land Ltd. STD # Construction Peninsula Land Ltd. NCD # Construction Philips Carbon Black Ltd. STD 500 PR1+ Electricals & Electronics PMT Machines Ltd. CP/STD 250 PR2 Diversified & Misc D PNB Housing Finance Ltd. Bond II 400 CARE AA+ NBFC PNB Housing Finance Ltd. Bond III & IV 2000 CARE AA+ NBFC PNB Housing Finance Ltd. Bonds V & VI 2000 CARE AA+ NBFC PNB Housing Finance Ltd. Bonds VII & VIII 3000 CARE AA+ NBFC PNB Housing Finance Ltd. Secured Redeemable Bonds 2000 CARE AA+ NBFC PNB Housing Finance Ltd. Tier II Bonds 1000 CARE AA+ NBFC Polyplex Corporation Ltd. CP/STD $ Chemicals & Plastics Polyplex Corporation Ltd. NCD I, II & III # Chemicals & Plastics Power Grid Corporation of India Ltd. Bonds I CARE AAA Infrastructure Power Grid Corporation of India Ltd. Borrowing Programme (FY09) CARE AAA Infrastructure Power Grid Corporation of India Ltd. Borrowing Programme (FY10) CARE AAA Infrastructure Power Grid Corporation of India Ltd. Borrowing Programme (FY11) CARE AAA Infrastructure Pratibha Industries Ltd. NCD 600 CARE A Priyadarshini Spinning Mills Ltd. FD & Punj Lloyd Ltd. CP/STD 3500 PR1+ Infrastructure E Punj Lloyd Ltd. NCD I 3000 CARE AA- Infrastructure D Punj Lloyd Ltd. NCD II 6850 CARE AA- Infrastructure D Punjab & Sind Bank Tier II Bonds I 4000 CARE AA+ Bank U Punjab & Sind Bank Tier II Bonds II 1750 CARE AA+ Bank U Punjab & Sind Bank Tier II Bonds III 3000 CARE AA+ Bank U Punjab & Sind Bank Upper Tier II Bonds 3500 CARE AA Bank U Punjab Infrasturcture Development Board Bonds I 1500 CARE BBB+(SO) Public Finance D Punjab Infrasturcture Development Board Bonds II 5000 CARE BBB+(SO) Public Finance D Punjab Infrasturcture Development Board Bonds III CARE BBB+(SO) Public Finance D Punjab National Bank CD PR1+ Bank Punjab National Bank Upper Tier II Bonds (Series I) 5000 CARE AAA Bank Punjab National Bank Upper Tier II Bonds (Series II) CARE AAA Bank Punjab National Bank Upper Tier II Bonds (Series III) CARE AAA Bank Punjab National Bank Upper Tier II Bonds (Series IV) CARE AAA Punjab National Bank Upper Tier II Bonds (Series V) CARE AAA Punjab National Bank Lower/Upper Tier II Bonds CARE AAA Punjab National Bank Lower Tier II Bonds 5000 CARE AAA Bank Punjab National Bank Perpetual Bonds (Series I) 5000 CARE AAA Bank Punjab National Bank Perpetual Bonds (Series II) 9000 CARE AAA Bank Punjab National Bank Perpetual Bonds (Series III) 7000 CARE AAA Bank Punjab National Bank Perpetual Bonds (Series IV) 5630 CARE AAA Bank Punjab State Electricity Board Bonds I # Public Finance D Punjab State Electricity Board Bonds II 5000 CARE Public Finance D QRG Entrerprises Ltd. NCD # Electricals & Electronics R.K. Marble Pvt. Ltd. CP/STD I 200 PR1 Diversified & Misc R.K. Marble Pvt. Ltd. CP/STD II # Diversified & Misc Rajasthan Rajya Vidhyut Prasaran Nigam Ltd. Bonds I 826 CARE A(SO) Public Finance Rajasthan Rajya Vidhyut Prasaran Nigam Ltd. Bonds II 780 CARE A(SO) Public Finance Rajasthan Rajya Vidhyut Prasaran Nigam Ltd. Bonds III 705 CARE A(SO) Public Finance Rajasthan Rajya Vidhyut Utpadan Nigam Ltd. Bonds # Public Finance 8