bg-rating-rationales

Entity-Specific Rating Rationales

12 Oct 2023

Lendingkart Finance Limited: Ratings confirmed as final for PTCs backed by unsecured small business loan receivables issued by NIMBUS 2023 SBL LIMA

Lendingkart Finance Limited: Ratings confirmed as final for PTCs backed by unsecured small business loan receivables issued by NIMBUS 2023 SBL LIMA

27 Sep 2023

Lendingkart Finance Limited: Provisional [ICRA]A+(SO) assigned to SN Series A1 issued by SBL G20 2023, backed by a pool of unsecured small business loans

Lendingkart Finance Limited: Provisional [ICRA]A+(SO) assigned to SN Series A1 issued by SBL G20 2023, backed by a pool of unsecured small business loans

14 Sep 2023

Lendingkart Finance Limited: [ICRA]BBB+ (Positive) assigned to NCD programme; other ratings reaffirmed

Lendingkart Finance Limited: [ICRA]BBB+ (Positive) assigned to NCD programme; other ratings reaffirmed

13 Sep 2023

Lendingkart Finance Limited: Rating confirmed as final for SNs backed by unsecured small business loan receivables issued by SBL Radiance 2023 01

Lendingkart Finance Limited: Rating confirmed as final for SNs backed by unsecured small business loan receivables issued by SBL Radiance 2023 01

08 Sep 2023

Lendingkart Finance Limited: Ratings withdrawn for instruments backed by unsecured small business loan receivables securitisation transactions

Lendingkart Finance Limited: Ratings withdrawn for instruments backed by unsecured small business loan receivables securitisation transactions

04 Sep 2023

Lendingkart Finance Limited: Provisional [ICRA]A+(SO) assigned to PTC Series A1 and Provisional [ICRA]A(SO) assigned to PTC Series A2 issued by Nimbus 2023 SBL Frankfurt, backed by a pool of unsecured small business loans

Lendingkart Finance Limited: Provisional [ICRA]A+(SO) assigned to PTC Series A1 and Provisional [ICRA]A(SO) assigned to PTC Series A2 issued by Nimbus 2023 SBL Frankfurt, backed by a pool of unsecured small business loans

17 Aug 2023

Lendingkart Finance Limited: Rating confirmed as final for PTCs backed by unsecured small business loan receivables issued by Argentum Trust 001

Lendingkart Finance Limited: Rating confirmed as final for PTCs backed by unsecured small business loan receivables issued by Argentum Trust 001

14 Aug 2023

Lendingkart Finance Limited: Provisional [ICRA]AA-(SO) assigned to PTC Series A issued by Brahmagupta 2023, backed by a pool of unsecured small business loans

Lendingkart Finance Limited: Provisional [ICRA]AA-(SO) assigned to PTC Series A issued by Brahmagupta 2023, backed by a pool of unsecured small business loans

01 Aug 2023

Lendingkart Finance Limited: Provisional [ICRA]A+(SO) assigned to PTC Series A1 issued by Argentum Trust 002, backed by a pool of unsecured small business loans

Lendingkart Finance Limited: Provisional [ICRA]A+(SO) assigned to PTC Series A1 issued by Argentum Trust 002, backed by a pool of unsecured small business loans

28 Jul 2023

Lendingkart Finance Limited: Rating confirmed as final for PTCs backed by unsecured small business loan receivables issued by Aryabhata 2023

Lendingkart Finance Limited: Rating confirmed as final for PTCs backed by unsecured small business loan receivables issued by Aryabhata 2023