1991 1992 1993
Rating Default Default
Defaulters Defaulters Defaulters
Rate Rate
AAA 0 0 0 0 0
AA 0 0 1 3.7 0
A 0 0 0 0 0
BBB 0 0 0 0 0
BB 0 - 0 - 0
B 0 - 0 - 0
CCC 0 - 0 - 0
CC 0 - 0 - 0
C 0 - 0 - 0
Investment Grade 0 0 1 2.13 0
Speculative Grade 0 - 0 - 0
All Corporates 0 0 1 2.13 0
Number of Rating 38 47 65
1996 1997 1998
Rating Default Default
Defaulters Defaulters Defaulters
Rate Rate
AAA 0 0 0 0 0
AA 0 0 3 4.48 0
A 1 1.96 7 13.73 0
BBB 0 0 3 15 0
BB 0 0 1 25 5
B 1 33.33 0 0 3
CCC 0 - 0 - 0
CC 0 - 0 - 0
C 0 0 0 - 1
Investment Grade 1 0.61 13 8.39 0
Speculative Grade 1 14.29 1 16.67 9
All Corporates 2 1.17 14 8.7 9
Number of Rating 171 161 104
2001 2002 2003
Rating Default Default
Defaulters Defaulters Defaulters
Rate Rate
AAA 0 0 0 0 0
AA 0 0 0 0 0
A 0 0 0 0 0
BBB 0 0 0 0 0
BB 4 5.48 4 4.35 1
B 0 0 3 16.67 1
CCC 0 0 0 - 0
CC 0 - 0 - 0
C 1 9.09 0 0 0
Investment Grade 0 0 0 0 0
Speculative Grade 5 5.75 7 6.03 2
All Corporates 5 1.9 7 2.45 2
Number of Rating 263 286 245
2006 2007 2008
Rating Default Default
Defaulters Defaulters Defaulters
Rate Rate
AAA 0 0 0 0 0
AA 0 0 0 0 0
A 0 0 0 0 0
BBB 0 0 0 0 1
BB 0 0 0 0 2
B 0 0 0 0 2
CCC 0 0 0 0 0
CC 0 - 0 - 0
C 0 0 0 0 0
Investment Grade 0 0 0 0 1
Speculative Grade 0 0 0 0 4
All Corporates 0 0 0 0 5
Number of Rating 234 245 283
2011 3Q
Rating Default Default
Defaulters Defaulters Defaulters
Rate Rate
AAA 0 0
AA 0 0
A 0 0
BBB 1 2.86
BB 0 0
B 0 0
CCC 1 12.5
CC 0 -
C 0 0
Investment Grade 1 0.34
Speculative Grade 1 2.86
All Corporates 2 0.61
Number of Rating 329
1993 1994 1995
Default Default Default
Defaulters Defaulters
Rate Rate Rate
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
- 0 - 0 0
- 0 0 0 0
- 0 - 0 -
- 0 - 0 -
- 0 - 0 -
0 0 0 0 0
- 0 0 0 0
0 0 0 0 0
65 78 160
1998 1999 2000
Default Default Default
Defaulters Defaulters
Rate Rate Rate
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
17.24 0 0 2 2.74
18.85 2 16.67 1 14.29
- 0 0 0 0
- 0 - 0 -
50 0 0 1 5.56
0 0 0 0 0
19.15 2 3.39 4 4.04
8.65 2 1.05 4 1.47
104 190 272
2003 2004 2005
Default Default Default
Defaulters Defaulters
Rate Rate Rate
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
1.79 2 6.67 0 0
6.25 2 13.33 0 0
0 1 100 0 0
- 0 - 0 -
0 0 0 0 0
0 0 0 0 0
2.63 5 10.42 0 0
0.82 5 2.28 0 0
245 219 224
2008 2009 2010
Default Default Default
Defaulters Defaulters
Rate Rate Rate
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
1.52 0 0 0 0
11.11 2 9.09 1 8.33
5.71 2 5.71 1 3.85
0 2 20 3 27.27
- 0 - 0 -
- 0 - 3 42.86
0.44 0 0 0 0
7.14 6 8.96 8 14.29
1.77 6 1.98 8 2.49
283 303 321
Default Default Default
Defaulters Defaulters
Rate Rate Rate