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Entity-Specific Rating Rationales

03 Nov 2022

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by Platinum Trust October 2022; 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 October 2022; Provisional [ICRA]BBB+(SO) assigned to second loss facility

03 Oct 2022

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by Platinum Trust Sep 2022 Tranche IV; 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 Sep 2022 Tranche IV; Provisional [ICRA]BBB+(SO) assigned to second loss facility

30 Sep 2022

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by DBS VF Platinum Trust Sep 2022 III; 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 DBS VF Platinum Trust Sep 2022 III; Provisional [ICRA]BBB+(SO) assigned to second loss facility

12 Aug 2022

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; rated amount enhanced

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; rated amount enhanced

27 Jun 2022

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

17 Jun 2022

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; rated amount enhanced

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; rated amount enhanced

20 May 2022

Cholamandalam Investment and Finance Company Limited: [ICRA]AA+(Stable) assigned to Non-Convertible Debenture Programme

Cholamandalam Investment and Finance Company Limited: [ICRA]AA+(Stable) assigned to Non-Convertible Debenture Programme

01 Mar 2022

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; Rated amount enhanced

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; Rated amount enhanced

17 Feb 2022

Cholamandalam Investment and Finance Company Limited: Ratings withdrawn for PTCs and second loss facility issued under two vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Ratings withdrawn for PTCs and second loss facility issued under two vehicle loan securitisation transactions