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Entity-Specific Rating Rationales

19 Dec 2024

Protium Finance Limited: Rating upgraded for SNs issued under secured MSME (LAP) and machinery loan receivables securitisation transaction

Protium Finance Limited: Rating upgraded for SNs issued under secured MSME (LAP) and machinery loan receivables securitisation transaction

27 Nov 2024

Protium Finance Limited: Rating upgraded for PTCs issued under secured MSME (LAP) loan receivables securitisation transactions

Protium Finance Limited: Rating upgraded for PTCs issued under secured MSME (LAP) loan receivables securitisation transactions

07 Nov 2024

Protium Finance Limited: Provisional [ICRA]AA+(SO) assigned to Series A PTCs backed by secured MSME (LAP) loan receivables issued by Turiya LAP 241001

Protium Finance Limited: Provisional [ICRA]AA+(SO) assigned to Series A PTCs backed by secured MSME (LAP) loan receivables issued by Turiya LAP 241001

14 Mar 2024

Protium Finance Limited: [ICRA]AA+(SO) confirmed as final for PTCs backed by secured MSME loan (LAP) receivables issued by Turiya LAP - 2401

Protium Finance Limited: [ICRA]AA+(SO) confirmed as final for PTCs backed by secured MSME loan (LAP) receivables issued by Turiya LAP - 2401

23 Jan 2024

Protium Finance Limited: [ICRA]AA(SO) confirmed as final for SNs backed by secured MSME loan (LAP) and machinery loan receivables issued by Turiya BL – 2310

Protium Finance Limited: [ICRA]AA(SO) confirmed as final for SNs backed by secured MSME loan (LAP) and machinery loan receivables issued by Turiya BL – 2310

19 Jan 2024

Protium Finance Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by secured MSME loan (LAP) receivables issued by Turiya LAP – 2401

Protium Finance Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by secured MSME loan (LAP) receivables issued by Turiya LAP – 2401

20 Dec 2023

Protium Finance Limited: [ICRA]AA+(SO) confirmed as final for PTCs backed by secured MSME loan (LAP) receivables issued by Turiya LAP - 230802

Protium Finance Limited: [ICRA]AA+(SO) confirmed as final for PTCs backed by secured MSME loan (LAP) receivables issued by Turiya LAP - 230802

20 Nov 2023

Protium Finance Limited: [ICRA]AA+(SO) confirmed as final for PTCs backed by secured MSME loan (LAP) receivables issued by Turiya LAP - 230701

Protium Finance Limited: [ICRA]AA+(SO) confirmed as final for PTCs backed by secured MSME loan (LAP) receivables issued by Turiya LAP - 230701

07 Nov 2023

Protium Finance Limited: Provisional [ICRA]AA(SO) assigned to SNs backed by secured MSME loan (LAP) and machinery loan receivables issued by Turiya BL – 2310

Protium Finance Limited: Provisional [ICRA]AA(SO) assigned to SNs backed by secured MSME loan (LAP) and machinery loan receivables issued by Turiya BL – 2310

05 Sep 2023

Protium Finance Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by secured MSME loan (LAP) receivables issued by Turiya LAP - 230802

Protium Finance Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by secured MSME loan (LAP) receivables issued by Turiya LAP - 230802