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Entity-Specific Rating Rationales

31 Dec 2024

Piramal Capital & Housing Finance Limited: Provisional [ICRA]AAA(SO) assigned to Series A1 SN backed by home loan receivables issued by Nirvana Trust Dec 2024

Piramal Capital & Housing Finance Limited: Provisional [ICRA]AAA(SO) assigned to Series A1 SN backed by home loan receivables issued by Nirvana Trust Dec 2024

31 Dec 2024

Piramal Capital & Housing Finance Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by personal loan receivables issued by Ved Trust PTC Dec 2024

Piramal Capital & Housing Finance Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by personal loan receivables issued by Ved Trust PTC Dec 2024

26 Dec 2024

Piramal Capital & Housing Finance Limited: Ratings reaffirmed; rating withdrawn for matured instruments

Piramal Capital & Housing Finance Limited: Ratings reaffirmed; rating withdrawn for matured instruments

24 Dec 2024

Piramal Capital & Housing Finance Limited: Rating reaffirmed for securitisation notes issued under two mortgage loan securitisation transactions

Piramal Capital & Housing Finance Limited: Rating reaffirmed for securitisation notes issued under two mortgage loan securitisation transactions

19 Aug 2024

Piramal Capital & Housing Finance Limited (erstwhile Dewan Housing Finance Corporation Limited): Rating confirmed as final for SNs backed by home loan and top up linked loan receivables issued by Nirvana Trust June 2024

Piramal Capital & Housing Finance Limited (erstwhile Dewan Housing Finance Corporation Limited): Rating confirmed as final for SNs backed by home loan and top up linked loan receivables issued by Nirvana Trust June 2024

22 Jul 2024

Piramal Capital & Housing Finance Limited (erstwhile Dewan Housing Finance Corporation Limited): Rating confirmed as final for SNs backed by home loan receivables issued by Nirvana Trust May 2024

Piramal Capital & Housing Finance Limited (erstwhile Dewan Housing Finance Corporation Limited): Rating confirmed as final for SNs backed by home loan receivables issued by Nirvana Trust May 2024

30 Jun 2024

Piramal Capital & Housing Finance Limited: Provisional [ICRA]AAA(SO) assigned to Series A1 SN backed by home loan and top up linked loan receivables issued by Nirvana Trust June 2024

Piramal Capital & Housing Finance Limited: Provisional [ICRA]AAA(SO) assigned to Series A1 SN backed by home loan and top up linked loan receivables issued by Nirvana Trust June 2024

27 Jun 2024

Piramal Capital & Housing Finance Limited: Rating reaffirmed for securitisation notes issued under mortgage loan securitisation transaction

Piramal Capital & Housing Finance Limited: Rating reaffirmed for securitisation notes issued under mortgage loan securitisation transaction

19 Jun 2024

Piramal Capital & Housing Finance Limited: Rating confirmed as final for SNs backed by home loan receivables issued by Nirvana Trust March 2024

Piramal Capital & Housing Finance Limited: Rating confirmed as final for SNs backed by home loan receivables issued by Nirvana Trust March 2024

29 May 2024

Piramal Capital & Housing Finance Limited: Provisional [ICRA]AAA(SO) assigned to Series A SN backed by home loan receivables issued by Nirvana Trust May 2024

Piramal Capital & Housing Finance Limited: Provisional [ICRA]AAA(SO) assigned to Series A SN backed by home loan receivables issued by Nirvana Trust May 2024


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Entity-Specific Credit Perspective Reports

15 Jan 2025

Piramal Capital & Housing Finance Limited

Piramal Capital & Housing Finance Limited (SF)

13 Jan 2025

Piramal Capital & Housing Finance Limited

Piramal Capital & Housing Finance Limited (SF)

01 Jul 2024

Piramal Capital & Housing Finance Limited

Piramal Capital & Housing Finance Limited (SF)

11 Jun 2024

Piramal Capital & Housing Finance Limited

Piramal Capital & Housing Finance Limited (SF)

28 Mar 2024

Piramal Capital & Housing Finance Limited

Piramal Capital & Housing Finance Limited (SF)

01 Aug 2023

Piramal Capital & Housing Finance Limited

Piramal Capital & Housing Finance Limited (Non-SF)

06 Jul 2023

Piramal Capital & Housing Finance Limited

Piramal Capital & Housing Finance Limited (SF)

26 May 2023

Piramal Capital & Housing Finance Limited

Piramal Capital & Housing Finance Limited (SF)

27 Mar 2023

Piramal Capital & Housing Finance Limited

Piramal Capital & Housing Finance Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Series A1 PTCs -- -- Provisional [ICRA]AA+ (SO) --
Series A1 SN -- -- Provisional [ICRA]AAA (SO) --
Retail Non-Convertible Debenture -- -- [ICRA]AA(Stable) --
Series A SNs -- -- [ICRA]AAA(SO) --
Series A SNs -- -- [ICRA]AAA(SO) --
Series A SN -- -- [ICRA]AAA(SO) --
Series A SN -- -- [ICRA]AAA(SO) --
Series A SN -- -- [ICRA]AAA(SO) --
Series A SN -- -- [ICRA]AAA(SO) --
Non-Convertible Debenture -- -- [ICRA]AA(Stable) --

Our Analysts

Analyst 1

Ekta Baheti

Analyst 2

Anubhav Agrawal

Sector Head

Abhishek Dafria
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