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Entity-Specific Rating Rationales

19 Dec 2024

Berar Finance Limited: Provisional [ICRA]A-(SO) assigned to Series A1 PTC backed by two-wheeler loan receivables issued by Duchess 2024

Berar Finance Limited: Provisional [ICRA]A-(SO) assigned to Series A1 PTC backed by two-wheeler loan receivables issued by Duchess 2024

28 Nov 2024

Berar Finance Limited: Ratings reaffirmed and ratings withdrawn for matured instruments

Berar Finance Limited: Ratings reaffirmed and ratings withdrawn for matured instruments

25 Oct 2024

Berar Finance Limited: Ratings confirmed as final for PTCs backed by two-wheeler loan receivables issued by Hulk 2024

Berar Finance Limited: Ratings confirmed as final for PTCs backed by two-wheeler loan receivables issued by Hulk 2024

08 Oct 2024

Berar Finance Limited: Provisional [ICRA]A+(SO) assigned to Series A1 PTC and Provisional [ICRA]BBB+(SO) assigned to Equity Tranche PTC backed by two-wheeler loan receivables issued by Trisul 09 2024

Berar Finance Limited: Provisional [ICRA]A+(SO) assigned to Series A1 PTC and Provisional [ICRA]BBB+(SO) assigned to Equity Tranche PTC backed by two-wheeler loan receivables issued by Trisul 09 2024

29 Jul 2024

Berar Finance Limited: Provisional [ICRA]A-(SO) assigned to Series A1 PTC backed by two-wheeler loan receivables issued by Hulk 2024

Berar Finance Limited: Provisional [ICRA]A-(SO) assigned to Series A1 PTC backed by two-wheeler loan receivables issued by Hulk 2024

22 Dec 2023

Berar Finance Limited: Ratings confirmed as final for PTCs backed by two-wheeler loan receivables issued by Knight 09 2023

Berar Finance Limited: Ratings confirmed as final for PTCs backed by two-wheeler loan receivables issued by Knight 09 2023

07 Dec 2023

Berar Finance Limited: Ratings reaffirmed; Rating withdrawn for fixed deposit and non-convertible debentures

Berar Finance Limited: Ratings reaffirmed; Rating withdrawn for fixed deposit and non-convertible debentures

18 Oct 2023

Berar Finance Limited: Ratings withdrawn for PTCs backed by two wheeler loan receivables securitisation transaction

Berar Finance Limited: Ratings withdrawn for PTCs backed by two wheeler loan receivables securitisation transaction

06 Oct 2023

Berar Finance Limited: Provisional [ICRA]A-(SO) assigned to Series A1 PTC backed by two-wheeler loan receivables issued by Knight 09 2023

Berar Finance Limited: Provisional [ICRA]A-(SO) assigned to Series A1 PTC backed by two-wheeler loan receivables issued by Knight 09 2023

02 May 2023

Berar Finance Limited: Rating reaffirmed, removed from non-cooperation and withdrawn for bank lines

Berar Finance Limited: Rating reaffirmed, removed from non-cooperation and withdrawn for bank lines