Roopa kudva biography definition
•
IIM alumni walk down memory lane
Image: © INDIAN INSTITUTE OF MANAGEMENT, Ahmedabad; Courtesy: Photo Library, IIMA
The iconic red-brick architecture, designed by American Louis Kahn, under construction at the IIM-A campus in the 1960s
The Indian Institutes of Management (IIMs), some of the foremost education institutions in our country, keep popping into our consciousness during placement season (March, for the most part) every year. The salaries students are offered are the stuff of headlines.
But these institutes—the first two of which, in Ahmedabad and Kolkata, were established in 1961—have much more to offer than formal classroom education. The vibrant campus life is as integral to the learning process as the lectures and projects.
We spoke to three members of the IIM alumni, each 20 years apart, to see how the IIMs have evolved since the 1960s.
What we get is a snapshot of each era: These glimpses reflect not just the changing profile of students, but t
•
1987
Crisil, India's first credit rating agency, is incorporated on the 29th day of the month, promoted by the erstwhile ICICI Ltd along with UTI and other financial institutions. Mr. N Vaghul and Mr. Pradip Shah are Crisil's first Chairman and Managing Director, respectively.
1988
Crisil commences operations within a year of its incorporation on January 1. The business environment is far from promising for the one-year old - the lending rates are fixed, and India has no such thing as a corporate bond market as yet. As of now, credit rating is an idea that's far ahead of its times.
1990
Crisil launches the ‘CrisilCard Service’ to provide comprehensive kunskap and analytical opinion on India's corporate entities.
1991
Despite the odds, and the initial lack of marknad acceptance of credit ratings, Crisil's operations are now well established. It begins to acquire brand identity, with a reputation for analytical rigour and independenc
•
SME segment will be India’s growth engine: Roopa Kudva
Crisil Ltd, India’s oldest rating agency, doesn’t call itself a rating agency any more. Its chief executive and managing director Roopa Kudva prefers to call Crisil a global analytical company providing ratings, research, risk and policy advisory services as rating accounts for just one-third of its business. The rating business roughly accounts for one-third of its revenue, and the contribution of overseas and domestic operations is 50:50.
add_main_imageIn an interview, Kudva, 49, talks about credibility, rating shopping, marknad share, competition, why Crisil’s rating board has only one outsider, and the past, present and the future of the company that has completed 25 years since its incorporation in January 1987. Edited excerpts:
You have brought out ‘Doing What is Right: The Crisil Story’ to celebrate your quarter century existence. It talks about a young lady, in her late 20s, who barged into the cabin of t