bg-rating-rationales

Entity-Specific Rating Rationales

01 Aug 2023

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST JULY 2023 - TRANCHE I; Provisional [ICRA]A-(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST JULY 2023 - TRANCHE I; Provisional [ICRA]A-(SO) assigned to second loss facility

21 Jul 2023

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed, and ratings assigned to Subordinated debentures and Perpetual Debt Instrument

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed, and ratings assigned to Subordinated debentures and Perpetual Debt Instrument

20 Jul 2023

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

07 Jul 2023

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

30 Jun 2023

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST JUNE 2023 – TRANCHE I; Provisional [ICRA]BBB+(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST JUNE 2023 – TRANCHE I; Provisional [ICRA]BBB+(SO) assigned to second loss facility

30 May 2023

Cholamandalam Investment and Finance Company Limited: Rating actions on PTCs and SLF issued under three vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Rating actions on PTCs and SLF issued under three vehicle loan securitisation transactions

08 May 2023

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST APRIL 2023 – TRANCHE V; Provisional [ICRA]BBB+(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST APRIL 2023 – TRANCHE V; Provisional [ICRA]BBB+(SO) assigned to second loss facility

28 Apr 2023

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST APRIL 2023 – TRANCHE I; Provisional [ICRA]BBB+(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST APRIL 2023 – TRANCHE I; Provisional [ICRA]BBB+(SO) assigned to second loss facility

14 Apr 2023

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

14 Apr 2023

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