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Entity-Specific Rating Rationales

25 Mar 2025

Cars24 Financial Services Private Limited: Ratings reaffirmed for SNs issued under used car loan securitisation transaction

Cars24 Financial Services Private Limited: Ratings reaffirmed for SNs issued under used car loan securitisation transaction

04 Mar 2025

Cars24 Financial Services Private Limited: Provisional [ICRA]A+(SO) assigned to PTCs backed by used car loan receivables issued by Panamera 02 2025

Cars24 Financial Services Private Limited: Provisional [ICRA]A+(SO) assigned to PTCs backed by used car loan receivables issued by Panamera 02 2025

20 Feb 2025

Cars24 Financial Services Private Limited: Ratings withdrawn for PTCs issued under a used car loan securitisation transaction

Cars24 Financial Services Private Limited: Ratings withdrawn for PTCs issued under a used car loan securitisation transaction

27 Jan 2025

Cars24 Financial Services Private Limited: Rating actions for securities issued under four used car loan securitisation transactions

Cars24 Financial Services Private Limited: Rating actions for securities issued under four used car loan securitisation transactions

13 Nov 2024

Cars24 Financial Services Private Limited: Ratings reaffirmed for securities issued under two used car loan securitisation transactions

Cars24 Financial Services Private Limited: Ratings reaffirmed for securities issued under two used car loan securitisation transactions

30 Aug 2024

Cars24 Financial Services Private Limited: Rating withdrawn for PTCs issued under a used car loan securitisation transaction

Cars24 Financial Services Private Limited: Rating withdrawn for PTCs issued under a used car loan securitisation transaction

17 Jul 2024

Cars24 Financial Services Private Limited: Rating withdrawn for PTCs issued under used car loan securitisation transaction

Cars24 Financial Services Private Limited: Rating withdrawn for PTCs issued under used car loan securitisation transaction

28 Jun 2024

Cars24 Financial Services Private Limited: Rating actions for securities issued under three used car loan securitisation transactions

Cars24 Financial Services Private Limited: Rating actions for securities issued under three used car loan securitisation transactions

27 May 2024

Cars24 Financial Services Private Limited: Ratings withdrawn for PTCs issued under two used car loan securitisation transactions

Cars24 Financial Services Private Limited: Ratings withdrawn for PTCs issued under two used car loan securitisation transactions

25 Apr 2024

Cars24 Financial Services Private Limited: Rating confirmed as final for PTCs issued under a used car loan receivables securitisation transaction

Cars24 Financial Services Private Limited: Rating confirmed as final for PTCs issued under a used car loan receivables securitisation transaction


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Entity-Specific Credit Perspective Reports

07 Mar 2025

Cars24 Financial Services Private Limited

Cars24 Financial Services Private Limited (SF)

07 Mar 2024

Cars24 Financial Services Private Limited

Cars24 Financial Services Private Limited (SF)

03 Oct 2022

Cars24 Financial Services Private Limited

Cars24 Financial Services Private Limited (SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Series A1 SN -- -- [ICRA]A(SO) --
Series A1 PTC -- -- Provisional [ICRA]A+ (SO) --
PTC Series A2 -- -- Withdrawn --
PTC Series A3 -- -- Withdrawn --
Series A1 PTC -- -- [ICRA]AA+(SO) --
Series A2 PTC -- -- [ICRA]A+(SO) --
Series A3 PTC -- -- [ICRA]A(SO) --
Series A1 PTC -- -- [ICRA]AA+(SO) --
Series A2 PTC -- -- [ICRA]A+(SO) --
Series A3 PTC -- -- [ICRA]A(SO) --

Our Analysts

Analyst 1

Pratik Vora

Analyst 2

Sumit Pramanik

Sector Head

Abhishek Dafria
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ICRA Webinar | Credit Quality Trends and the performance of ICRA-Assigned Ratings
--By Mr. K Ravichandran ,Mr. Jitin Makkar,Mr. Pratik Singhania
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03 Apr 2025 04:00 PM

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19 Mar 2025 04:00 PM

ICRA Webinar on Navigating the Indian Automotive Market: Trends & Forecasts

--By Mr. Shamsher Dewan,Ms. Kinjal Shah,Mr. Srikumar K
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11 Mar 2025 04:00 PM

ICRA Webinar on the Data Tsunami sees surge in Data Centre Capex

--By Ms. Anupama Reddy,Mr. Abhishek Lahoti,Mr. Hemanth Vasishta
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