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Rating Rationales

30 Apr 2024

Zerodha Capital Private Limited: Rating Reaffirmed; Rated amount enhanced

Zerodha Capital Private Limited: Rating Reaffirmed; Rated amount enhanced

30 Apr 2024

Shree Bhagyalaxmi Industries: Continues to remain under issuer non-Cooperating category

Shree Bhagyalaxmi Industries: Continues to remain under issuer non-Cooperating category

30 Apr 2024

Ganesh Grains Limited: Ratings reaffirmed; rated amount enhanced

Ganesh Grains Limited: Ratings reaffirmed; rated amount enhanced

30 Apr 2024

Lakshmi Vacuum Technologies Pvt. Ltd.: Ratings reaffirmed

Lakshmi Vacuum Technologies Pvt. Ltd.: Ratings reaffirmed

30 Apr 2024

Shree Khodiyar Oil Industries: Continues to remain under issuer non-Cooperating category

Shree Khodiyar Oil Industries: Continues to remain under issuer non-Cooperating category

30 Apr 2024

NTT Global Data Centers Del2 Private Limited: [ICRA]A+ (Stable) assigned

NTT Global Data Centers Del2 Private Limited: [ICRA]A+ (Stable) assigned

30 Apr 2024

Gulbarga Electricity Supply Company Limited: Ratings reaffirmed

Gulbarga Electricity Supply Company Limited: Ratings reaffirmed

30 Apr 2024

Anil Neerukonda Educational Society: Moved to Non-Cooperating category, Ratings downgraded based on best available information

Anil Neerukonda Educational Society: Moved to Non-Cooperating category, Ratings downgraded based on best available information

30 Apr 2024

Shri Haridarshan Jewellers: Continues to remain under issuer non-Cooperating category

Shri Haridarshan Jewellers: Continues to remain under issuer non-Cooperating category

30 Apr 2024

HCIL Comtel Private Limited: Ratings reaffirmed

HCIL Comtel Private Limited: Ratings reaffirmed


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Structured Finance Rating Rationales

30 Apr 2024

Varthana Finance Private Limited (erstwhile Thirumeni Finance Private Limited): Rating reaffirmed for PTCs issued under school finance receivable securitisation transaction

Varthana Finance Private Limited (erstwhile Thirumeni Finance Private Limited): Rating reaffirmed for PTCs issued under school finance receivable securitisation transaction

30 Apr 2024

Spandana Sphoorty Financial Limited: Ratings upgraded for PTCs issued under microfinance loan securitisation transactions

Spandana Sphoorty Financial Limited: Ratings upgraded for PTCs issued under microfinance loan securitisation transactions

29 Apr 2024

Clix Capital Services Private Limited: Ratings withdrawn for PTCs backed by personal loan receivables transaction

Clix Capital Services Private Limited: Ratings withdrawn for PTCs backed by personal loan receivables transaction

29 Apr 2024

DMI Finance Private Limited: Rating confirmed as final for PTCs backed by personal loan receivables issued by PLUM 24-10

DMI Finance Private Limited: Rating confirmed as final for PTCs backed by personal loan receivables issued by PLUM 24-10

29 Apr 2024

Satin Creditcare Network Limited: Rating actions on PTCs issued under two microfinance loan securitisation transactions

Satin Creditcare Network Limited: Rating actions on PTCs issued under two microfinance loan securitisation transactions

26 Apr 2024

Lendingkart Finance Limited: Rating reaffirmed for PTCs issued under unsecured business loans securitisation transaction

Lendingkart Finance Limited: Rating reaffirmed for PTCs issued under unsecured business loans securitisation transaction

25 Apr 2024

Kogta Financial India Limited: Rating confirmed as final for SNs backed by vehicle loan receivables issued by Bali 01 2024

Kogta Financial India Limited: Rating confirmed as final for SNs backed by vehicle loan receivables issued by Bali 01 2024

25 Apr 2024

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs issued under a vehicle loan receivables securitisation transaction

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs issued under a vehicle loan receivables securitisation transaction

25 Apr 2024

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs and SLFs issued under two vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs and SLFs issued under two vehicle loan securitisation transactions

25 Apr 2024

Cars24 Financial Services Private Limited: Rating confirmed as final for PTCs issued under a used car loan receivables securitisation transaction

Cars24 Financial Services Private Limited: Rating confirmed as final for PTCs issued under a used car loan receivables securitisation transaction


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