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Entity-Specific Rating Rationales

28 Mar 2025

Svasti Microfinance Private Limited: Provisional [ICRA]A-(SO) assigned to PTCs backed by microfinance loan receivables issued by Euler March 2025

Svasti Microfinance Private Limited: Provisional [ICRA]A-(SO) assigned to PTCs backed by microfinance loan receivables issued by Euler March 2025

05 Mar 2025

Svasti Microfinance Private Limited: Provisional [ICRA]A-(SO) assigned to PTCs backed by microfinance loan receivables issued by Starfish 02 25

Svasti Microfinance Private Limited: Provisional [ICRA]A-(SO) assigned to PTCs backed by microfinance loan receivables issued by Starfish 02 25

12 Sep 2024

Svasti Microfinance Private Limited: Rating withdrawn

Svasti Microfinance Private Limited: Rating withdrawn

21 Dec 2023

Svasti Microfinance Private Limited: Long-term rating upgraded to [ICRA]BBB (Stable)

Svasti Microfinance Private Limited: Long-term rating upgraded to [ICRA]BBB (Stable)

27 Dec 2022

Svasti Microfinance Private Limited: Rating reaffirmed

Svasti Microfinance Private Limited: Rating reaffirmed

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Entity-Specific Credit Perspective Reports

10 Mar 2025

Svasti Microfinance Private Limited

Svasti Microfinance Private Limited (SF)

19 Jan 2024

Svasti Microfinance Private Limited

Svasti Microfinance Private Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Series A1 PTC -- -- Provisional [ICRA]A-(SO) --
Series A1 PTCs -- -- Provisional [ICRA]A- (SO) --
Non-Convertible Debentures -- -- Withdrawn --
PTC Series A2 -- -- * --
PTC Series A1 -- -- * --
PTC Series A1 -- -- * --
PTC Series A2 -- -- * --

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Sumit Pramanik

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