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As India continues to evolve and grow, it is essential to preserve its cultural heritage and traditions, while embracing modernity and innovation. The Indian lifestyle is a dynamic and ever-changing phenomenon, reflecting the country's adaptability, resilience, and diversity.

The different regions of India have their own unique cuisines, with popular dishes like biryani, naan bread, and tandoori chicken. The sweets and desserts of India, like gulab jamun, jalebi, and kulfi, are famous worldwide for their rich flavors and textures.

Indian cuisine is a reflection of the country's cultural diversity, with a wide range of flavors, spices, and cooking techniques. From the spicy curries of the south to the tandoori dishes of the north, Indian food is known for its rich flavors and aromas. The use of spices, herbs, and other ingredients like turmeric, cumin, and coriander is an integral part of Indian cooking.

At the heart of Indian culture is the concept of "Dharma," which refers to duty, righteousness, and moral order. The principles of Dharma are reflected in the various aspects of Indian life, including family, education, work, and social relationships. The importance of family, respect for elders, and the pursuit of knowledge are deeply ingrained in Indian culture.

Evaluating LGD:

S&P Global Market Intelligence's LGD scorecards are used to estimate LGD term structures. These Scorecards are judgment-driven and identify the PiT estimates of loss. The Scorecards are back-tested to evaluate their predictive power on over 2,000 defaulted bonds.

The Corporate, Insurance, Bank, and Sovereign LGD Scorecards are linked to our fundamental databases, meaning no information is required from users for all listed companies and for a large number of private companies.

Final LGD term structures are based on macroeconomic expectations for countries to which these issuers are exposed.

Fundamental and macroeconomic data is provided by S&P Global Market Intelligence, but users can again easily utilize internal estimates.

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Source: S&P Global Market Intelligence; for illustrative purposes only.

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As India continues to evolve and grow, it is essential to preserve its cultural heritage and traditions, while embracing modernity and innovation. The Indian lifestyle is a dynamic and ever-changing phenomenon, reflecting the country's adaptability, resilience, and diversity.

The different regions of India have their own unique cuisines, with popular dishes like biryani, naan bread, and tandoori chicken. The sweets and desserts of India, like gulab jamun, jalebi, and kulfi, are famous worldwide for their rich flavors and textures.

Indian cuisine is a reflection of the country's cultural diversity, with a wide range of flavors, spices, and cooking techniques. From the spicy curries of the south to the tandoori dishes of the north, Indian food is known for its rich flavors and aromas. The use of spices, herbs, and other ingredients like turmeric, cumin, and coriander is an integral part of Indian cooking.

At the heart of Indian culture is the concept of "Dharma," which refers to duty, righteousness, and moral order. The principles of Dharma are reflected in the various aspects of Indian life, including family, education, work, and social relationships. The importance of family, respect for elders, and the pursuit of knowledge are deeply ingrained in Indian culture.

Technology & Delivery:

We offer a fully flexible approach to the delivery of our solutions to meet your specific needs. All solutions are offered in Microsoft Excel® to facilitate an easy implementation into your internal capabilities. Should you require a software solution, we also provide end-to-end computational and reporting engines, which can help streamline the calculation and reporting processes for the entire IFRS 9 standard.

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The team at S&P Global Market Intelligence specifically designed our IFRS 9 solutions to meet this requirement. To learn more about our robust, efficient, and transparent IFRS 9 offering


Contact us to enquire about our IFRS 9 Solutions
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IFRS 9 for Insurers: Implementing a Robust,
Efficient and Transparent Methodology

Gain a practical demonstration to produce the new ECL calculations as required by IFRS 9, to avoid the black box effect.

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Coronavirus Insights: An Outlook
on Corporate Credit risk in Europe and
IFRS 9 Implications

We provide insights into the state of credit risk of
unrated companies, and explore the impact of
macroeconomic factors on IFRS 9 impairment calculations.

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IFRS 9 Blog Series


Read our three part blog series to help insurance companies tackle the changes to meet IFRS 9 credit impairment requirements


1S&P Global Ratings does not contribute to or participate in the creation of credit scores generated by S&P Global Market Intelligence. Lowercase nomenclature is used to differentiate S&P Global Market Intelligence PD credit model scores from the credit ratings issued by S&P Global Ratings.
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