Doing What is Right: The CRISIL Story

Hemanth Gorur

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This book tells the unique story of an intrepid company that made it big against all odds, relying on nothing other than its intellectual capital and the power of its vision. Founded in the regulated and stagnant Indian economy of the late 1980s, offering a credit rating service that had no takers and without any real assets or capital, CRISIL seemed destined to fail. Instead, it became one of India's most respected companies, redefining its vision from being India-focused to playing a quiet but critical role in global markets.

This is a story of razor-sharp analytics, unshakeable values and sheer grit. It is also a story of leaders with very different styles, who brought it all together over a quarter of a century. A narrative that, above all, shows that doing well can go hand in hand with doing what is right.

What will you learn from this book

  1. Founding Principles: Understanding the foundational values and principles that shaped CRISIL's establishment and growth as a credit rating agency.

  2. Commitment to Integrity: Emphasizing the importance of maintaining integrity, transparency, and ethical standards in financial analysis and credit ratings.

  3. Innovation in Financial Services: Exploring CRISIL's innovative approaches in financial analysis, risk assessment, and credit rating methodologies.

  4. Role in Financial Markets: Understanding CRISIL's significance in the financial markets and its contributions to enhancing transparency and reliability in credit assessments.

  5. Adaptability and Resilience: How CRISIL adapted to changes in the financial industry, regulatory environment, and technological advancements over time.

  6. Risk Management: Insights into CRISIL's approaches to risk management, providing reliable information for informed decision-making by investors and businesses.

  7. Client-Centric Approach: Focusing on serving clients' needs by offering accurate, timely, and independent credit ratings and research.

  8. Corporate Governance: The significance of robust corporate governance practices within CRISIL and its impact on maintaining credibility.

  9. Global Impact: CRISIL's role and impact not only in the Indian financial markets but also in the global financial landscape.

  10. Lessons in Leadership: Learning from the leadership principles and strategies employed within CRISIL that contributed to its success.

Language English
ISBN-10 9789382618072
ISBN-13 9789382618072
No of pages 168
Font Size Medium
Book Publisher Westland
Published Date 10 Dec 2012

About Author

Author : Hemanth Gorur

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