CRISIL Quantix and TatvaRatings

If you are evaluating sources of Indian corporate credit data, Quantix is likely to be on the list. This page describes it from Crisil’s own public material and then says plainly what TatvaRatings does differently.

Product pages change — if something here is out of date, tell us.

The short answer

If your question is about a company — its financials, its peers, its sector benchmarks, its scorecard, or a portfolio you already hold — that is what a broad company-data and analytics product is built for, and TatvaRatings will not replace one.

If your question starts from a bank — which rated borrowers name this lender, how a rated book is distributed across lenders — that is the query TatvaRatings is organised around.

They are not substitutes. Most teams that would use this already have something in the first category.

At a glance

Each column describes the product from its own public material. Everything in the Quantix column is sourced from the Crisil pages linked further down.

What TatvaRatings holds

TatvaRatings corpus as at 30 August 2026. Earliest rating action May 2019. 46.2% of rating actions carry a lender-wise annexure, so every count is a floor, not a total.

A note on the name, first

crisilquantix.com now returns a 301 redirect to crisili360.com. The standalone Quantix domain has been folded into a rebranded Crisil i360 property. The i360 landing page is a JavaScript shell that returned no readable text to automated retrieval, so the structure and current copy of crisili360.com are unverified here and nothing on this page is sourced to it.

Everything below comes from the Quantix material still published under crisil.com. If you are being sold i360 today, treat that material as the current authority and this page as background.

What Crisil describes Quantix as

From Crisil’s own overview page, Quantix is positioned as an integrated data and analytics offering for uses including business strategy, deal and loan origination, credit underwriting and treasury work. Its tagline is “Powered by data. Enabled by Analytics.” (Quantix overview)

The modules named on that page are: Advanced Search, Company Profile, Company Scorecard, Credit Portfolio, Company Financials, Financial Sensitivity Model, Industry Benchmarks, SME Margins, and an Infrastructure Project Database.

The proof figures Crisil publishes alongside it are “60,000+ companies”, “20,000+ unrated companies”, “500+ districts and cities”, “250 individual filters” and “100+ data analysts”. (same source)

Advanced Search is described as offering “250 individual filters including companies’ backgrounds, financials, and ratings”. (Advanced Search)

Credit Portfolio is described as a module that lets a user compare portfolios against universe-level financial and rating benchmarks and merge multiple portfolios. (Credit Portfolio)

Access and pricing. Pricing is not published; the page refers to flexible subscription options, and the call to action is a demo request to a named Crisil research inbox. Worth noting for anyone reading a “no pricing page” as a red flag: a long-established provider in this category sells the same way.

What is and is not described in Crisil’s public material

One capability is directly relevant to what TatvaRatings does, so it is worth being precise.

Crisil’s public product pages for Quantix do not describe a search that starts from a lender and returns the borrowers exposed to it. The Advanced Search description names companies’ backgrounds, financials and ratings as the filter families; no lender or banker dimension is named. The Credit Portfolio module operates on a portfolio the user supplies.

That is a statement about what the public pages describe. It is not a claim about what the gated product does. Quantix is sold behind a login and a demo, and what it contains beyond its marketing pages is not knowable from outside it. If a lender-side query matters to you, ask them directly — that is a better source than this page or any other.

The distinction worth being clear about

Because it comes up in almost every conversation: a credit-portfolio module and a lender-side index are not the same thing.

A portfolio module works on a book you upload. It presupposes you already know who your borrowers are, and it benchmarks them against a wider universe. That is genuinely useful and it is not what TatvaRatings does.

TatvaRatings starts from the other key. You name a bank; it returns rated borrowers whose published annexures name that bank. You do not need to have supplied the list, and the list is not restricted to your own book.

What TatvaRatings does

TatvaRatings parses publicly published credit rating press releases from seven SEBI-registered credit rating agencies — CARE, CRISIL Ratings, ICRA, India Ratings, Acuité, Brickwork and Infomerics — into a single schema: borrowers, rating actions, rated facilities, key financials, rating drivers, and the lender-wise annexure that names the bank behind each rated bank facility.

That annexure is then indexed from the lender’s side. A worked reading of the figures above: State Bank of India appears in 5,476 borrower annexures as at 30 August 2026 — a floor, not a total.

(For clarity: CRISIL Ratings is a rating agency and one of the seven whose public press releases we ingest, on exactly the same basis as the other six. That is a separate matter from Crisil’s data and analytics business, which is what Quantix belongs to.)

What TatvaRatings does not do

Stated here rather than left for a demo, because these are real and a credit team will find them in the first hour.

• Only rated borrowers. 45,528 of them. Most Indian companies have never been rated and are simply absent.
• Only 46.2% of rating actions carry a lender-wise annexure, because disclosure depends on borrower consent — and the share varies hugely by agency, from Acuité at 92.0% to India Ratings at 0.0%. Every count is a floor, not a total.
• Sanctioned positions, not outstanding balances. The annexure gives sanctioned limits as at the rating action date.
• A periodic, broadly annual review cycle. A typical record describes a position a year or more old. This is a periodic disclosure regime — a dated snapshot, not a feed.
• No score, no rank, no credit opinion of our own. The ratings held are the agencies’ opinions, attributed to the agency that issued them.
• No unrated-company universe, no MCA filings product, no financial modelling tools, no industry benchmark library.

The full specification →

Which one you actually want

If your question is about a company — its financials, its peers, its sector benchmarks, its scorecard, or a portfolio you already hold — that is what a broad company-data and analytics product is built for, and TatvaRatings will not replace one.

If your question starts from a bank — which rated borrowers name this lender, how a rated book is distributed across lenders, which counterparties a prospective syndication partner already sits alongside — that is the query TatvaRatings is organised around.

Most teams that would use this already have something in the first category.

Common questions

Related

• All comparisons
• Coverage — agencies, date range, measured counts
• Data limits — the specification
• Methodology — how a press release becomes a record
• Talk to us