Credit Rating Agency “SMERA” completed its annual credit rating study of SRIT, on 27 March 2024.

Results | SMERA rated SRIT “SME-1” indicating Highest Credit Worthiness in relation to other MSME companies.

About SMERA | SMERA is an initiative of Govt of India, Ministry of Finance and the Reserve Bank of India to help Indian MSMEs grow and get access to credit through independent and unbiased credit opinion that banks can rely on. Thus SMERA become the world’s first MSME-focused rating agency. SMERA is now a wholly owned subsidiary of Acuité Ratings & Research Ltd.

Acuité Ratings & Research Limited is registered with the Securities and Exchange Board of India (SEBI) as a Credit Rating Agency and is accredited by the Reserve Bank of India (RBI) as an External Credit Assessment Institution (ECAI) under BASEL-II norms for undertaking Bank Loan Ratings.  SMERA started as a joint initiative of the Small Industries Development Bank of India (SIDBI), Dun & Bradstreet Information Services India Private Limited (D&B), and leading public and private sector banks in India.