Last Reviewed On: March 04, 2023 (Version 2.0)

1. Fee structure for ICE of residual (sustainable portion) debt:

Standard fee shall be 4 bps (0.04%) of the proposed amount of residual debt.
Minimum fee per evaluation: Rs. 400,000/- (Rupees Four Lakh) + applicable taxes
Maximum fee per evaluation: Rs. 8,000,000/- (Rupees Eighty Lakh) + applicable taxes


The actual fee (after discount, if any) quoted by Acuite is payable in advance before execution of the ICE and shall depend on:


1. Size of Resolution Plan
2. Complexity of the case
2. Under no circumstance shall:
1. the fee charged by Acuite depend on OR be linked to the outcome of the evaluation / rating.
2. compensation of any member of the analytical team be linked to the fee charged for any ICE
3. Other conditions:
• Acuite will accept a mandate which must be executed between Acuite and the lending institution for ICE of RP of a specific borrower.
• The fee in the subsequent instance(s) shall not be higher than the fee charged for the first ICE mandate.
• Acuite does not advise or prepare or recommend or suggest any structure or indicate the rating outcome for a structure (scenario rating) for the residual debt RP. Any violation of the same by any employee(s) of Acuite will result in termination of the concerned employee(s).
• All ICEs of RPs will require an independent and unbiased Techno-Economic Viability (TEV) report accepted / forwarded to Acuite by the lending institution and / or the lending bank shall provide Acuite with the terms of the proposed Resolution Plan.