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Entity-Specific Rating Rationales

10 Nov 2023

Sundaram Finance Limited: Ratings reaffirmed; assigned for Rs.500 crore Subordinated debentures and rated amount enhanced for bank lines

Sundaram Finance Limited: Ratings reaffirmed; assigned for Rs.500 crore Subordinated debentures and rated amount enhanced for bank lines

18 Oct 2023

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust AT 2024

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust AT 2024

04 Oct 2023

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under five vehicle loan securitisation transactions.

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under five vehicle loan securitisation transactions.

07 Aug 2023

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust AS 2024

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust AS 2024

01 Aug 2023

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment, cars and machinery loan receivables issued by Shri Trust AR 2023

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment, cars and machinery loan receivables issued by Shri Trust AR 2023

01 Aug 2023

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, tractors and farm equipment loan receivables issued by Shri Trust AQ 2023

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, tractors and farm equipment loan receivables issued by Shri Trust AQ 2023

01 Aug 2023

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment, cars and machinery loan receivables issued by Shri Trust AP 2023

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment, cars and machinery loan receivables issued by Shri Trust AP 2023

30 Jun 2023

Sundaram Finance Limited: Ratings reaffirmed

Sundaram Finance Limited: Ratings reaffirmed

29 May 2023

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under two vehicle loan securitisation transactions

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under two vehicle loan securitisation transactions

23 May 2023

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AO 2023

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AO 2023