bg-rating-rationales

Entity-Specific Rating Rationales

19 Mar 2024

NeoGrowth Credit Private Limited: Provisional [ICRA]A+(SO) assigned to Series A1 SN backed by MSME business loan receivables issued by Aryabhata-5 Trust March 2024

NeoGrowth Credit Private Limited: Provisional [ICRA]A+(SO) assigned to Series A1 SN backed by MSME business loan receivables issued by Aryabhata-5 Trust March 2024

29 Feb 2024

NeoGrowth Credit Private Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTC backed by MSME business loan receivables issued by Charak 2 February 2024 Trust

NeoGrowth Credit Private Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTC backed by MSME business loan receivables issued by Charak 2 February 2024 Trust

20 Feb 2024

NeoGrowth Credit Private Limited: Rating confirmed as final for SNs backed by MSME business loan receivables issued by Aryabhata-3 Trust November 2023

NeoGrowth Credit Private Limited: Rating confirmed as final for SNs backed by MSME business loan receivables issued by Aryabhata-3 Trust November 2023

15 Feb 2024

NeoGrowth Credit Private Limited: [ICRA]A2 assigned; Long-term rating upgraded to [ICRA]BBB+ (Stable)

NeoGrowth Credit Private Limited: [ICRA]A2 assigned; Long-term rating upgraded to [ICRA]BBB+ (Stable)

30 Jan 2024

NeoGrowth Credit Private Limited: Provisional [ICRA]A+(SO) assigned to Series A1 SN backed by MSME business loan receivables issued by Aryabhata-4 Trust January 2024

NeoGrowth Credit Private Limited: Provisional [ICRA]A+(SO) assigned to Series A1 SN backed by MSME business loan receivables issued by Aryabhata-4 Trust January 2024

30 Jan 2024

NeoGrowth Credit Private Limited: Provisional [ICRA]A(SO) assigned to PTC Series A1 PTC backed by MSME business loan receivables issued by Bhaskara-1 Trust January 2024

NeoGrowth Credit Private Limited: Provisional [ICRA]A(SO) assigned to PTC Series A1 PTC backed by MSME business loan receivables issued by Bhaskara-1 Trust January 2024

29 Jan 2024

NeoGrowth Credit Private Limited: Provisional [ICRA]A(SO) assigned to PTC Series A1 backed by MSME business loan receivables issued by Chanakya-2 Trust January 2024

NeoGrowth Credit Private Limited: Provisional [ICRA]A(SO) assigned to PTC Series A1 backed by MSME business loan receivables issued by Chanakya-2 Trust January 2024

25 Jan 2024

NeoGrowth Credit Private Limited: Rating confirmed as final for PTCs backed by MSME business loan receivables issued by Aries Trust October 2023

NeoGrowth Credit Private Limited: Rating confirmed as final for PTCs backed by MSME business loan receivables issued by Aries Trust October 2023

09 Jan 2024

NeoGrowth Credit Private Limited: Rating confirmed as final for PTC Series A1 backed by MSME business loan receivables issued by Pisces Trust 08 2022

NeoGrowth Credit Private Limited: Rating confirmed as final for PTC Series A1 backed by MSME business loan receivables issued by Pisces Trust 08 2022

09 Jan 2024

NeoGrowth Credit Private Limited: Rating confirmed as final for PTCs backed by MSME business loan receivables issued by Taurus Trust December 2023

NeoGrowth Credit Private Limited: Rating confirmed as final for PTCs backed by MSME business loan receivables issued by Taurus Trust December 2023