bg-rating-rationales

Entity-Specific Rating Rationales

04 Jul 2023

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

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

21 Jun 2023

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

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

16 Jun 2023

Satin Creditcare Network Ltd.: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Oceana 05 2022

Satin Creditcare Network Ltd.: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Oceana 05 2022

13 Jun 2023

Satin Creditcare Network Ltd.: Provisional [ICRA]AA-(SO) assigned to Series A1(a) PTC and Provisional [ICRA]A(SO) assigned to Series A1(b) PTC backed by microfinance loan receivables issued by NANO 2023

Satin Creditcare Network Ltd.: Provisional [ICRA]AA-(SO) assigned to Series A1(a) PTC and Provisional [ICRA]A(SO) assigned to Series A1(b) PTC backed by microfinance loan receivables issued by NANO 2023

09 Jun 2023

Satin Creditcare Network Ltd.: Ratings assigned/reaffirmed and outlook revised to Stable from Negative; Rating reaffirmed and withdrawn for Rs. 60-crore sub-debt programme

Satin Creditcare Network Ltd.: Ratings assigned/reaffirmed and outlook revised to Stable from Negative; Rating reaffirmed and withdrawn for Rs. 60-crore sub-debt programme

06 Jun 2023

Satin Creditcare Network Ltd.: Provisional [ICRA]AA(SO) assigned to Series A1 PTC and Provisional [ICRA]A+(SO) assigned to Series A2 PTC backed by microfinance loan receivables issued by Nimbus 2023 MFI Gorky

Satin Creditcare Network Ltd.: Provisional [ICRA]AA(SO) assigned to Series A1 PTC and Provisional [ICRA]A+(SO) assigned to Series A2 PTC backed by microfinance loan receivables issued by Nimbus 2023 MFI Gorky

06 Jun 2023

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

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

06 Jun 2023

Satin Creditcare Network Ltd.: Provisional [ICRA]A(SO) assigned to Series A1 PTC and Provisional [ICRA]A-(SO) assigned to Series A2 PTC backed by microfinance loan receivables issued by JEWEL 05 2023

Satin Creditcare Network Ltd.: Provisional [ICRA]A(SO) assigned to Series A1 PTC and Provisional [ICRA]A-(SO) assigned to Series A2 PTC backed by microfinance loan receivables issued by JEWEL 05 2023

02 Jun 2023

Satin Creditcare Network Ltd.: Rating reaffirmed for term loan facility

Satin Creditcare Network Ltd.: Rating reaffirmed for term loan facility

22 May 2023

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

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