Crisil, ICICI Foundation and IFMR Trust sign MoU

Under the agreement, Crisil will develop evaluation frameworks for microfinance institutions, urban local bodies and vocational training institutes, enabling better analysis and a deeper understanding of these entities. Crisil will also publish and disseminate rating criteria for such entities.

IFMR Trust will facilitate this process by providing access to enterprises working in these areas and ICICI Foundation will play a role in ensuring wider dissemination of these products developed under this MoU.