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Entity-Specific Rating Rationales

31 Aug 2023

Satin Creditcare Network Ltd.: Ratings reaffirmed; rated amount enhanced

Satin Creditcare Network Ltd.: Ratings reaffirmed; rated amount enhanced

25 Aug 2023

Satin Creditcare Network Ltd.: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Orchard 2022

Satin Creditcare Network Ltd.: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Orchard 2022

21 Aug 2023

Satin Creditcare Network Ltd.: Ratings reaffirmed/upgraded for two PTCs issued under microfinance loan securitisation transactions

Satin Creditcare Network Ltd.: Ratings reaffirmed/upgraded for two PTCs issued under microfinance loan securitisation transactions

18 Aug 2023

Satin Creditcare Network Ltd.: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Nimbus 2023 MFI Gorky

Satin Creditcare Network Ltd.: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by Nimbus 2023 MFI Gorky

18 Aug 2023

Satin Creditcare Network Ltd.: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Tulip 2023

Satin Creditcare Network Ltd.: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Tulip 2023

18 Aug 2023

Satin Creditcare Network Ltd.: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by JEWEL 05 2023

Satin Creditcare Network Ltd.: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by JEWEL 05 2023

20 Jul 2023

Satin Creditcare Network Ltd.: Ratings confirmed as final for PTCs issued under a microfinance loan receivables securitisation transaction

Satin Creditcare Network Ltd.: Ratings confirmed as final for PTCs issued under a microfinance loan receivables securitisation transaction

13 Jul 2023

Satin Creditcare Network Ltd.: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by NIMBUS 2023 MFI Lafargue

Satin Creditcare Network Ltd.: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by NIMBUS 2023 MFI Lafargue

06 Jul 2023

Satin Creditcare Network Ltd.: Provisional [ICRA]A+(SO) assigned to Series A1 PTC backed by microfinance loan receivables issued by NIMBUS 2023 MFI Lafargue

Satin Creditcare Network Ltd.: Provisional [ICRA]A+(SO) assigned to Series A1 PTC backed by microfinance loan receivables issued by NIMBUS 2023 MFI Lafargue

04 Jul 2023

Satin Creditcare Network Ltd.: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Pride January 2023

Satin Creditcare Network Ltd.: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Pride January 2023