As of now, there are six credit rating agencies registered under SEBI, namely CRISIL, ICRA, CARE, SMERA, Fitch India and Brickwork Ratings. Ratings provided by these agencies determine the nature and interest of the loan. The higher the credit rating, the lower is the rate of interest offered to the organisation. CRISIL is the largest credit rating agency in India. So, all the agencies given in the question are the credit rating agencies in India.