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Resolution Plan Rating (ICE)

RP4 Isn't Guaranteed. How You Prepare For It Is What's In Your Control.

Under RBI guidelines, an RP4 or better rating on the residual debt lets a resolution plan proceed without NCLT approval. That single rating can decide your timeline.

We do not draft the resolution plan. We prepare it for the Independent Credit Evaluation (ICE), aligning its structure, financials, and assumptions with how agencies assess them, so your plan puts its strongest case forward.

What We Do

We ensure your resolution plan is presented in the most compelling and compliant manner to credit rating agencies. By aligning the plan's structure, financials, and assumptions with CRA expectations, we help you:

  • Pursue an RP4 or better rating as the clear objective
  • Navigate the CRA evaluation process smoothly
  • Build stakeholder confidence in the plan's viability
  • Avoid procedural delays and costly legal escalations

Our ICE Rating Support Process

  1. Phase 1

    Initial Business Review

    We assess your company's financial position, sector dynamics, and restructuring objectives to evaluate rating potential and determine the right approach.

  2. Phase 2

    Resolution Plan Readiness Assessment

    We evaluate whether your resolution plan, drafted independently or by another consultant, aligns with CRA expectations and RBI rating frameworks. We identify gaps before they become problems.

  3. Phase 3

    Financial Strengthening Suggestions

    Based on our analysis, we recommend refinements or highlight assumption gaps that may affect your rating, giving you the opportunity to strengthen the plan before submission.

  4. Phase 4

    Scenario & Sensitivity Analysis

    We simulate alternate business outcomes and stress tests to anticipate how CRAs will evaluate the risks and resilience built into your resolution plan.

  5. Phase 5

    CRA Coordination & Management

    Neofincred manages the end-to-end rating process, from agency selection and mandate to data compilation, analytical discussions, and post-rating follow-ups.

  6. Phase 6

    Representation & Appeal Support

    If the assigned rating falls short of RP4, we help represent your case and secure a review on justifiable grounds, with structured, evidence-backed arguments.

Why Choose Neofincred?

Exclusive Focus on RP4 Outcomes

We do not draft resolution plans, we specialise in rating outcomes. Our only goal is helping you achieve RP4 or better.

CRA-Ready Positioning

We know how CRAs evaluate resolution plans, and position your financials and assumptions accordingly.

Speed When It Matters

Restructuring runs on deadlines. We keep the evaluation moving and the process tight, so your timelines are protected.

Let's Help You Cross the RP4 Line

A favourable Independent Credit Evaluation can be the turning point in your restructuring journey, even if your resolution plan was drafted by someone else. The first conversation is free, confidential, and carries no commitment.