bg-rating-rationales

Entity-Specific Rating Rationales

28 Mar 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust March 2023; Provisional [ICRA]A-(SO) assigned to second loss facility

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust March 2023; Provisional [ICRA]A-(SO) assigned to second loss facility

17 Mar 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Rating action for PTCs issued under vehicle loan securitisation transactions

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Rating action for PTCs issued under vehicle loan securitisation transactions

23 Jan 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs and second loss facility backed by vehicle loan receivables issued by Sansar Trust Sep 2022 II

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs and second loss facility backed by vehicle loan receivables issued by Sansar Trust Sep 2022 II

23 Jan 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs and second loss facility backed by vehicle loan receivables issued by Sansar Trust Aug 2022 II

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs and second loss facility backed by vehicle loan receivables issued by Sansar Trust Aug 2022 II

17 Jan 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Trust Dec 2022

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Trust Dec 2022

12 Jan 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): [ICRA]AA+ (Stable) assigned/reaffirmed

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): [ICRA]AA+ (Stable) assigned/reaffirmed

23 Dec 2022

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust Dec 2022

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust Dec 2022

19 Dec 2022

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings withdrawn for PTCs and second loss facility issued under four vehicle loan securitisation transactions

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings withdrawn for PTCs and second loss facility issued under four vehicle loan securitisation transactions

28 Nov 2022

Shriram Transport Finance Company Limited: Rating reaffirmed for PTCs issued under vehicle loan securitisation transaction

Shriram Transport Finance Company Limited: Rating reaffirmed for PTCs issued under vehicle loan securitisation transaction

28 Nov 2022

Shriram Transport Finance Company Limited: Rating upgraded for assignee payouts issued under four vehicle loan securitisation transactions

Shriram Transport Finance Company Limited: Rating upgraded for assignee payouts issued under four vehicle loan securitisation transactions