CAMELS

C- Capital Adequacy.
A- Asset Quality.
M- Management.
E- Earnings.
L- Liquidity.
S- Systems and Control or Sensitivity.

• To rate Banks.
•  Ratings are given from A+ (best) to D (worse) in each of the above categories.
• Rating assigned to the bank while finalizing the annual financial inspection report.
• This rating does not capture the risks that could cause a bank to fail.

Reference: http://en.wikipedia.org/wiki/CAMELS_rating_system