CREDIT RATING OF SMEs- A comparative study of PSBs of Orissa

In the research literature very few studies have been done in India as well as in other countries about actual functioning and consistency of bank's internal ratings and implied ex-ante risk in bank loan portfolios. It opens up wide area of research (which has not been done on Micro-level data) to examine individual bank's modus operandi in integrating ground level risk appreciation and capturing them in Risk assessment exercise which over-all affects portfolio risk dimension of whole-bank in an aggregated portfolio.