Credit Perspective Reports

ICRA's 'Credit Perspectives' provide detailed analysis on ratings assigned. These reports broadly cover the following areas: Key rating considerations, Rating sensitivity factors, Rating rationale, Company profile, Business update, Business outlook, Financial update, Financial outlook, etc...

Explore Latest Reports

Date	Sector	Reports	Price
26 Jun 2026	Airport & Airport services	Bangalore International Airport Limited Credit Perspective Reports	5000
26 Jun 2026	Port & Port services	International Seaport Dredging Private Limited Credit Perspective Reports	5000
26 Jun 2026	Fertilizers	National Fertilizers Limited Credit Perspective Reports	5000
26 Jun 2026	Commodity Chemicals	Nirma Limited Credit Perspective Reports	5000
26 Jun 2026	Non-renewable	Haldia Energy Limited Credit Perspective Reports	5000
26 Jun 2026	NBFC-Retail	Orange Retail Finance India Pvt Ltd Credit Perspective Reports	5000
26 Jun 2026	Diversified	Anantam Highways Trust Credit Perspective Reports	5000
25 Jun 2026	NBFC-Retail	Zerodha Capital Private Limited Credit Perspective Reports	5000
25 Jun 2026	Diversified Metals	Vedanta Limited Credit Perspective Reports	5000
25 Jun 2026	Non-renewable	Vedanta Power Limited Credit Perspective Reports	5000
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Most Trending Research Reports

Healthy YoY retail and wholesale volume growth in May 2026

Passenger Vehicles

22 Jun 2026

Sector sustains strong momentum in May 2026

Tractors

17 Jun 2026

Resilient domestic demand supports growth trajectory

Two Wheelers

19 Jun 2026

Potential thaw in West Asia tensions tempers external risks, but lingering inflation-led cost pressures cloud India Inc.’s near-term profitability

Corporate sector

18 Jun 2026

Weighted average SGS cut-off eased by 4 bps to 7.67%; spread between 10-year SGS and G-sec yield widened by 8 bps to 79 bps

State Government Finance

16 Jun 2026

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Rating Rationales

Date	Category	Report
26 Jun 2026	Structured Finance Rating	Vriksh Advisors Private Limited: Rating reaffirmed for PTCs issued under a lease rental receivables securitisation transaction
26 Jun 2026	Structured Finance Rating	Arth Padarth Factors and Finance Private Limited: Provisional [ICRA]A-(SO) assigned to Series A PTC and Provisional [ICRA]BBB-(SO) assigned to Series B PTC to be issued by REST 12 A
26 Jun 2026	Structured Finance Rating	Kaabil Finance Private Limited : Rating upgraded for PTCs issued under secured business loan receivables issued by LoanX Kalmia Apr 2025
26 Jun 2026	Structured Finance Rating	Ummeed Housing Finance Private Limited: Rating reaffirmed
26 Jun 2026	Corporate Debt Rating	Medreich Limited: Rating reaffirmed
26 Jun 2026	Public Finance Rating	Tamil Nadu Power Distribution Corporation Limited: Rating reaffirmed; withdrawn for Rs. 20-crore NCD
26 Jun 2026	Structured Finance Rating	Annapurna Finance Private Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by microfinance loan receivables issued by Nimbus MFI Trust 06 2026
25 Jun 2026	Structured Finance Rating	ASA International India Microfinance Limited: Continues to remain under issuer non-cooperating category
25 Jun 2026	Financial Sector Rating	RBL Bank Limited: Long-term rating upgraded to [ICRA]AAA, removed from Watch with Positive Implications and Stable outlook assigned; short-term rating reaffirmed
25 Jun 2026	Structured Finance Rating	Nido Home Finance Limited: Rating reaffirmed for instruments issued under two mortgage loan securitisation transactions