CRISIL has assigned its highest corporate credit rating of ‘CCR AAA’ to the
National Securities Clearing Corporation Ltd (NSCCL). 'CCR AAA' rating indicates
highest degree of strength with regard to honouring debt obligations. NSCCL is
the first Indian Clearing Corporation to get this rating. The rating reflects
NSCCL’s status as Clearing Corporation for NSE, India’s largest stock exchange.
The rating also factors in NSCCL’s rigorous risk management controls and
adequate settlement guarantee cover.