Analysis of the situation where a firm has different credit ratings by different CRAs.
CRAs Perspective
Moody rating for a firm=AAA
PACRA rating for a firm=AA
Private rating for a firm=A
Private as well as PACRA must have to evaluate their expertise for credit rating purposes because Moody CRA is having international image and a firm is always single financial position which means having same credit rating if evaluated by different CRAs.